Reunion Gold (TSE:RGD) has released an update.
Reunion Gold Corporation has recommended its shareholders to vote for a proposed arrangement with G Mining Ventures, entailing a business combination transaction. Shareholders will vote at a meeting on July 9, 2024, where they will consider the arrangement that will result in the formation of a new entity, New GMIN, and a spin-off company, Greenheart Gold. Shareholders will receive shares in both New GMIN and Greenheart Gold, with the ownership of the new companies proportionally distributed among Reunion Gold and G Mining Ventures shareholders.
For further insights into TSE:RGD stock, check out TipRanks’ Stock Analysis page.
