Reunion Gold (TSE:RGD) has released an update.
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Reunion Gold Corporation has received final court approval for a strategic merger with G Mining Ventures Corp, creating a new entity, New GMIN, to manage their combined assets. Shareholders of both companies will receive shares in New GMIN and, for Reunion Gold shareholders, additional shares in a new gold exploration company, Greenheart Gold Inc. This pivotal arrangement is set to finalize on July 15, 2024, marking a significant step for the involved stakeholders.
For further insights into TSE:RGD stock, check out TipRanks’ Stock Analysis page.