UPDATE: Argonaut Gold, Prodigy Gold Shareholders Approve Plan of Arrangement; Argonaut in the Green

By MT Newswires,  December 07, 2012, 09:37:30 AM EDT

Argonaut Gold Inc. (AR.TO) and Prodigy Gold Inc. (PDG.V) announced that their respective shareholders have approved the previously announced plan of arrangement whereby Argonaut will acquire all of the issued and outstanding common shares of Prodigy.

At their respective special shareholders' meetings held earlier today, 99.93% of the Argonaut shares voted were voted in favour of the plan of arrangement and 98.11% of the Prodigy shares voted were voted in favour of the special resolution approving the arrangement.

AR is in the green at $9.35, up 3 cents on volumes of over 5,000. PDG is unchanged at 97 cents per share.




The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of The NASDAQ OMX Group, Inc.


This article appears in: Investing, Commodities

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