Bellhaven Copper & Gold (BHV-V) Shareholders approve Acquisition of Bellhaven by Goldmining (GOLD-V)
May 23, '17 - NR
Bellhaven Copper and Gold Inc. is pleased to announce that at a special meeting of shareholders of BHV held earlier today (the “Meeting”) BHV shareholders voted in favour of the previously announced plan of arrangement (the “Arrangement”), pursuant to which, among other things, GoldMining Inc. will acquire all of the issued and outstanding common shares of BHV (“BHV Shares”). At the Meeting, approximately 99.95% of the votes cast by BHV shareholders were voted in favour of the Arrangement (99.87% after excluding the votes required to be excluded pursuant to Multilateral Instrument 61-101 - Protection of Minority Security Holders in Special Transactions for the purposes of determining minority approval for the Arrangement).
BHV is seeking a final order of the Supreme Court of British Columbia to approve the Arrangement at a hearing expected to be held on May 25, 2017. In addition to the approval of the court, the Arrangement is subject to the satisfaction of other closing conditions customary in a transaction of this nature. It is currently expected that, subject to receipt of all approvals, the transaction will close on or about May 29, 2017. It is further anticipated that shortly after the completion of the Arrangement, the BHV Shares will be delisted from the TSX Venture Exchange and that applications will be filed for BHV to cease to be a reporting issuer under Canadian securities laws.
Details of the Arrangement and certain other matters are set out in the management information circular of BHV dated April 21, 2017 (the “Information Circular”). A copy of the Information Circular and other meeting materials can be found under BHV’s profile on SEDAR at www.sedar.com.
About GoldMining Inc.
GoldMining Inc. is a public mineral exploration company focused on the acquisition and development of gold projects in Colombia and other regions of the Americas. GoldMining Inc. is advancing its Titiribi Gold-Copper Project located in the Department of Antioquia, Colombia, its Cachoeira and São Jorge Gold Projects located in the State of Pará, northeastern Brazil, its Whistler Gold-Copper Project located in the State of Alaska, United States of America, and its Rea Uranium Project in the western Athabasca Basin in northeast Alberta, Canada.
About Bellhaven Copper and Gold Inc.
Bellhaven Copper and Gold Inc. is a Canadian-listed (TSX-V: BHV) exploration company exploring for gold and copper in Colombia. Bellhaven’s flagship project is the La Mina gold-copper porphyry deposit in the Middle Cauca belt of Columbia.
For additional information, please contact:
Bellhaven Copper and Gold Inc.
Paul L. Zweng, CEO and Chairman
Telephone: (808) 377-1947
Email: pzweng@gmail.com |
