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Strategies & Market Trends : Dino's Bar & Grill -- Ignore unavailable to you. Want to Upgrade?

To: Goose94 who wrote (13264)	7/6/2015 2:16:55 PM
From: Goose94	Read Replies (1) \| Respond to of 202448

Newmarket Gold (NGN-V) July 6th 2015 is pleased to announce that at a special meeting of the shareholders of the Company held on July 6, 2015, Shareholders approved the (i) continuance of the Company from the Province of British Columbia into the Province of Ontario in accordance with the Business Corporations Act (Ontario) (the "OBCA"); (ii) arrangement involving the Company and Crocodile Gold (CRK-T) under Sections 182 and 183 of the OBCA (the "Arrangement"); and (iii) adoption of a new incentive stock option plan and a new share unit plan (collectively, the "New Incentive Plans") of the amalgamated company following the completion of the Arrangement. The Continuance was approved by the affirmative vote of 100% of the votes cast by Shareholders, present in person or represented by proxy at the Meeting. The Arrangement was approved by the affirmative vote of (i) 99.91% of the votes cast by Shareholders, present in person or represented by proxy at the Meeting; and (ii) 99.56% of the votes cast by Shareholders, excluding votes cast in respect of shares over which Douglas Forster, Blayne Johnson, Lukas Lundin, Randall Oliphant, Douglas Hurst and Edward Farrauto, and their affiliates and joint actors, exercise control or direction. The New Incentive Plans were approved by the affirmative vote of 97.55% of the votes cast by Shareholders, present in person or represented by proxy at the Meeting. On June 2, 2015, the Company obtained an interim order of the Superior Court of Justice Ontario (Commercial List) (the "Court") under the OBCA in connection with the Arrangement. The Company is scheduled to return to the Court on July 8, 2015 to seek a final order to implement the Arrangement. The completion of the Arrangement remains subject to certain other conditions and is expected to be completed on or about July 10, 2015. Further information about the Arrangement is set out in the Newmarket and Crocodile Gold joint management information circular dated June 2, 2015 which is available on SEDAR under Newmarket's issuer profile and Crocodile Gold's issuer profile at www.sedar.com. ON BEHALF OF THE BOARD "Douglas Forster" Douglas Forster, M.Sc., P.Geo. President & Chief Executive Officer About Newmarket Gold Inc. Newmarket is a Canadian gold company focused on creating shareholder value through the acquisition of quality gold production opportunities and outstanding development stage assets in mining friendly, politically stable jurisdictions world-wide. Newmarket was founded by an experienced group of dealmakers, mine developers, financiers and capital markets professionals and is focused on a disciplined approach to asset acquisition and growth. About Crocodile Gold Corp. Crocodile Gold is a Canadian-listed gold mining and exploration company with three operating mines in Australia. The objective of Crocodile Gold is to continue to focus on the safe and profitable operating performance from its three operating mines, Fosterville and Stawell Gold Mines in the state of Victoria and Cosmo Gold Mine in the Northern Territory. Crocodile Gold's primary goal of sustainable operating performance is achieved through building confidence in its mine plans, continuing with prudent cost management controls, and targeted exploration and resource development. SOURCE Newmarket Gold Inc. Newmarket Gold Inc., Douglas Forster, President & Chief Executive Officer, 604-559-8040, dforster@newmarketgoldinc.com , www.newmarketgoldinc.com