ega Precious takeover hearing date changed to June 19
2015-06-05 07:28 ET - News Release
Mr. Glen Kuntz reports
MEGA PRECIOUS METALS ANNOUNCES RE-SCHEDULING OF HEARING DATE FOR FINAL ORDER
The hearing date for the final order of the Ontario Superior Court of Justice (commercial list) relating to the previously announced plan of arrangement, pursuant to which Yamana Gold Inc. will acquire all of the outstanding shares of Mega for consideration of 0.02092 of a Yamana share and 0.1 cent in cash per Mega share, has been rescheduled to June 19, 2015, at 10 a.m. (Toronto time).
Subject to obtaining the required approvals from Mega shareholders at the special meeting of Mega shareholders on June 17, 2015, obtaining the final order and the satisfaction of all other closing conditions, the arrangement is expected to be completed on or about June 22, 2015.