eb sj lawyermonthly 960x90 mirman
Legal News

Leagold Mining Corporation Acquires All Shares of Brio Gold Inc

Reading Time:
< 1
 minutes
Posted: 31st July 2018
Lawyer Monthly
Last updated 14th September 2021
Share this article

Leagold Mining Corporation (TSX:LMC; OTCQX:LMCNF) ("Leagold" or the "Company") announced that on it completed its acquisition of Brio Gold Inc. (TSX:BRIO) ("Brio") and has acquired all of the issued and outstanding shares of Brio (the "Brio Shares") pursuant to the terms of an Arrangement Agreement entered into between Leagold and Brio on 15 February 2018 (the "Arrangement").

Pursuant to the Arrangement, Leagold acquired 117,556,100 Brio Shares, representing 100% of the issued and outstanding Brio Shares by way of a court approved plan of arrangement carried out under the provisions of section 182 of the Business Corporations Act (Ontario).

Prior to the Arrangement, Leagold owned no Brio Shares, and accordingly, the acquisition represents an increase in Leagold's ownership from nil to 100% of the issued and outstanding Brio Shares following completion of the Arrangement.

 

JUST FOR YOU

9 (1)
Sign up to our newsletter for the latest Deals Updates
Subscribe to Lawyer Monthly Magazine Today to receive all of the latest news from the world of Law.
eb sj lawyermonthly 350x250 mirmantw centro retargeting 0517 300x2509 (1)presentation lsapp iphone12 mockup texture 08
Connect with LM

About Lawyer Monthly

Lawyer Monthly is a news website and monthly legal publication with content that is entirely defined by the significant legal news from around the world.

Magazine & Awards

cover scaledlmadr24 outnowmpu