Corporate ActionMay 22, 2026, 05:16 PM
Seabridge Gold Shareholders Approve Valor Gold Arrangement
AI Summary
Seabridge Gold Inc. shareholders approved a special resolution for an arrangement with Valor Gold Corp. Under this arrangement, Seabridge Gold and its shareholders will receive shares of Valor. Additionally, shareholders approved an ordinary resolution for Valor's proposed restricted share unit and deferred share unit plan. Both resolutions passed with overwhelming support at the Special Meeting held on May 22, 2026.
Key Highlights
- Special resolution for arrangement with Valor Gold Corp. approved by shareholders.
- 99.76% of votes cast were in favor of the arrangement.
- Seabridge Gold and its shareholders will receive shares of Valor Gold Corp.
- Ordinary resolution for Valor Gold Corp.'s restricted and deferred share unit plan approved.
- 99.18% of votes cast were in favor of Valor Gold Corp.'s share unit plan.
- All resolutions were approved by ballot at the Special Meeting.
Price Impact
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