ROGFF - Fortuna Silver shareholders approve acquisition of Roxgold
Shareholders of both Fortuna Silver Mines (FSM) and Roxgold (ROGFF) have approved the proposed acquisition by Fortuna of all of the outstanding common shares of Roxgold. The arrangement is expected to close on July 2, 2021. Following completion of the business combination, current Fortuna and former Roxgold shareholders will own ~63.6% and 36.4% of the outstanding Fortuna Shares, respectively. The issuance of up to 110,128,963 common shares of Fortuna in exchange for all of the outstanding Roxgold shares was approved by 96.65% of the votes cast by Fortuna shareholders.Previously (April 26): Fortuna Silver to buy Roxgold in C$1.1B deal
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Fortuna Silver shareholders approve acquisition of Roxgold