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In the News
Corvus Gold sharholders approve acquisition by Anglogold Ashanti
(Kitco News) - The $370 million acquisition was announced in July
SHAREHOLDER ALERT: Monteverde & Associates PC Announces an Investigation of Corvus Gold Inc. - KOR
NEW YORK, Oct. 15, 2021 /PRNewswire/ -- Juan Monteverde , founder and managing partner at Monteverde & Associates PC, a national securities firm rated Top 50 in the 2018-2020 ISS Securities Class Action Services Report and headquartered at the Empire State Building in New York City, is investigating Corvus Gold Inc. ("KOR" or the "Company") (KOR) relating to its proposed acquisition by AngloGold Ashanti Limited. The investigation focuses on whether Corvus Gold Inc. and its Board of Directors violated securities laws and/or breached their fiduciary duties to the Company by 1) failing to conduct a fair process, and 2) whether the transaction is properly valued.
Corvus Gold Reports 2021 Annual General Meeting Results
VANCOUVER, British Columbia, Oct. 07, 2021 (GLOBE NEWSWIRE) -- Corvus Gold Inc. (“Corvus” or the “Company”) – (TSX: KOR, NASDAQ: KOR) is pleased to announce the results of the 2021 Annual General Meeting (“AGM”). The AGM was held on October 6, 2021 in Vancouver, British Columbia. All resolutions put forward at the meeting were approved by shareholders. A total of 75,283,852 common shares, representing 59.29% of the votes attached to all outstanding shares as at the record date of the meeting, were represented at the AGM. The following individuals were elected, by ballot, as directors of the Company: Steven Aaker, Anton Drescher, Ronald Largent, Rowland Perkins, Edward Yarrow, Peggy Wu and the Company's CEO & President, Jeffrey Pontius.
Corvus Gold Merger Investigation: Halper Sadeh LLP Announces Investigation Into Whether the Sale of Corvus Gold Inc. Is Fair to Shareholders; Investors Are Encouraged to Contact the Firm – KOR
NEW YORK--(BUSINESS WIRE)--Halper Sadeh LLP, a global investor rights law firm, is investigating whether the sale of Corvus Gold Inc. (NASDAQ: KOR) to AngloGold Ashanti Limited is fair to Corvus Gold shareholders. Halper Sadeh encourages Corvus Gold shareholders to click here to learn more about their legal rights and options or contact Daniel Sadeh or Zachary Halper at (212) 763-0060 or sadeh@halpersadeh.com or zhalper@halpersadeh.com. The investigation concerns whether Corvus Gold and its boa
AngloGold Ashanti to acquire remaining Corvus Gold for $370 million
(Kitco News) - “The proposed all-cash offer provides a compelling opportunity for Corvus shareholders to realize significant value and eliminates exposure to future capital requirements to fund construction of Corvus' projects."
AngloGold Ashanti Signs Definitive Agreement to Acquire Corvus and Consolidate the Beatty District of Nevada
VANCOUVER, British Columbia, Sept. 13, 2021 (GLOBE NEWSWIRE) -- AngloGold Ashanti Limited (“AngloGold Ashanti”) and Corvus Gold Inc. (“Corvus”) are pleased to announce that they have entered into a definitive arrangement agreement pursuant to which AngloGold Ashanti has agreed to acquire the remaining 80.5% of common shares of Corvus not already owned by AngloGold Ashanti (the “Transaction”) at a price of C$4.10 per common share (the “Offer Price”) in cash.
Corvus Gold Receives Non-Binding Offer from AngloGold Ashanti Ltd.
VANCOUVER, British Columbia, July 13, 2021 (GLOBE NEWSWIRE) -- Corvus Gold Inc. (“Corvus” or the “Company”) - (TSX: KOR, NASDAQ: KOR) announces it has received an unsolicited, non-binding proposal from AngloGold Ashanti Limited (“AngloGold”) for the acquisition of Corvus Gold Inc. The principal terms of the proposal include AngloGold acquiring all issued and outstanding Corvus shares for consideration of CAD $4.00 per share payable in cash. Management and the Board of Directors, in accordance with their fiduciary duties and consistent with their commitment to maximize shareholder value, are reviewing the proposal and have no further comment at this time. Shareholders are not required to take any action at this time.
AngloGold Ashanti proposes to acquire Corvus Gold for $370 million
(Kitco News) - AngloGold Ashanti, one of the world's largest gold mining companies, announced Tuesday that it has submitted a non-binding proposal to acquire for cash all of the issued and outstanding common shares of Corvus Gold which the company does not already beneficially own, for US$370 million.
Corvus Gold Returns 118m @ 1.84 g/t Gold including 82m @ 2.01 g/t Gold and 10.7m @ 3.18 g/t Gold from Mother Lode Deposit, Eastern Bullfrog Gold District, Nevada
VANCOUVER, British Columbia, June 24, 2021 (GLOBE NEWSWIRE) -- Corvus Gold Inc. (“Corvus” or the “Company”) - (TSX: KOR, NASDAQ: KOR) announces it has received additional drill hole results from the Mother Lode mineral resource expansion program (Table 1, Figure 1). The mineralization defined in these new drill holes continues to support the expansion of Mother Lode's Main Zone in the northern part of the deposit as demonstrated by ML20-193CT (118m @ 1.84 g/t Au). The Company believes that these results continue to increase the expansion potential of the Mother Lode deposit. An updated mineral resource estimate is expected to be prepared upon completion of this round of drilling.
Top shareholder AngloGold Ashanti provides Corvus Gold with $20M funding for Bullfrog
(Kitco News) - Corvus Gold (TSX:KOR) said today that AngloGold Ashanti North America committed $20 million loan to fund the ongoing permitting and pre-development work at the Corvus's North Bullfrog project as well as ongoing exploration at its Mother Lode and Lynnda Strip projects.