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Stock Market & Financial Investment News

News For AUY From The Last 14 Days
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June 17, 2015
15:23 EDTAUYMega Precious Metals shareholders approve merger with Yamana Gold
Mega Precious Metals announced that, at its annual and special meeting of shareholders held Wednesday, shareholders of Mega approved the previously announced plan of arrangement with Yamana Gold. Under the arrangement, Yamana will acquire all of the outstanding shares of Mega for consideration of 0.02092 of a Yamana share and C$0.001 in cash per Mega share. The arrangement was approved by approximately 91% of the votes cast at the meeting. Mega will be applying for the final court approval of the arrangement on June 19. It is anticipated that the closing of the deal will occur on June 22.

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