Golden Goose Resources (TSXV:GGR)
Historical Stock Chart
From Jul 2019 to Jul 2024
MONTREAL AND VANCOUVER, Nov. 8 /CNW/ --
TSX.V KXL
MONTREAL AND VANCOUVER, Nov. 8 /CNW Telbec/ - Golden Goose Resources Inc. (TSX-V: GGR, "Golden Goose") and Kodiak
Exploration Ltd. (TSX-V: KXL, "Kodiak") are pleased to announce that
Golden Goose has received permission from the court to hold a special
meeting of shareholders to vote on the proposed merger via a Plan of
Arrangement with Kodiak Exploration. The information circular will be
sent to Golden Goose shareholders and filed on SEDAR shortly.
The special meeting is to be held on December 13(th), 2010, for shareholders of the record date of November 4(th), 2010. In order to approve the transaction, 75% of the votes cast must
support the proposal. Once shareholder approval is obtained, final
order is rendered by the court, and the deregistration of Golden Goose
in the United States is completed, the transaction will close shortly
thereafter.
François Perron, President and CEO of Golden Goose commented: "We are
eager to proceed as this next step will accelerate the surfacing of the
value of the Magino project. Preparations for the assessment of the
open pit potential have begun and Kodiak Exploration is ready to
proceed with a preliminary economic analysis and significant
confirmatory drilling. We expect these initiatives to create
significant value over the coming months." Brian Maher, President and
CEO of Kodiak added: "We are excited to move forward with the
development of the Magino Mine project and to realize the full value of
this gold deposit in the market place".
On behalf of the Boards of Directors:
Brian J. Maher
President and Chief Executive Officer, Kodiak Exploration Limited
François Perron
President and Chief Executive Officer, Golden Goose Resources, Inc.
MONTREAL AND VANCOUVER, Nov. 8 /CNW/ --
Neither TSX Venture Exchange nor its Regulation Services Provider (as
that term is defined in the policies of the TSX Venture Exchange)
accepts responsibility for the adequacy or accuracy of this release.
This release may contain forward-looking statements or statements that
relate to programs that involve a number of risks and uncertainties.
Actual events or results could differ materially from the Company's
expectations and projections.
table border="0" valign="top"trtd align="center" valign="top" colspan="2"bKodiak Exploration Limi/bbted/b/td/tr trtd align="left" valign="top" Brian J. Maher br/ President and Chief Executive Officer br//td td align="center" valign="top"Email: a href="mailto:ir@kodiakexp.com"ir@kodiakexp.com/abr/ Website: a href="http://www.kodiakexp.com"www.kodiakexp.com/abr/ Tel.: 1-604-688-9006 Fax: 1-604-688-9029/td/tr trtd colspan="2" /td/tr trtd align="center" valign="top" colspan="2"bRenmark Financial Co/bbmmunications Inc./b/td/tr trtd align="center" valign="top" colspan="2"Jason Roy: a href="mailto:jroy@renmarkfinancial.com"jroy@renmarkfinancial.com/a/td/tr trtd align="center" valign="top" colspan="2"Arash Shahi: a href="mailto:ashahi@renmarkfinancial.com"ashahi@renmarkfinancial.com/a/td/tr trtd align="center" valign="top" colspan="2"bMedia/bb-/bGuy Hurd: a href="mailto:ghurd@renmarkfinancial.com"ghurd@renmarkfinancial.com/a/td/tr trtd align="center" valign="top" colspan="2"Tel.: (514) 939-3989 or (416) 644-2020/td/tr trtd align="center" valign="top" colspan="2"a href="http://www.renmarkfinancial.com"www.renmarkfinancial.com/a/td/tr trtd colspan="2" /td/tr trtd align="center" valign="top" colspan="2"bGol/bbden Goose Resources Inc./b/td/tr trtd align="left" valign="top"François Perron br/ President and Chief Executive Officer br//td tdEmail: a href="mailto:perron@goldengooseres.com"perron@goldengooseres.com/abr/ Website: a href="http://www.goldengooseres.com"www.goldengooseres.com/abr/ Tel.: 1-888-928-4667 Fax: 1-888-494-5371/td/tr/table