psychonaut
09-23-2011, 10:35 AM
Sorry if this has already been posted.
http://finance.yahoo.com/news/US-Gold-Minera-Andes-enter-theflyonthewall-2463097365.html?x=0&.v=1
On Friday September 23, 2011, 5:25 am EDT
US Gold (NYSE:UXG) and Minera Andes (MNEAF) are pleased to announce that US Gold and Minera Andes have entered into an arrangement agreement dated Sept. 22, pursuant to which US Gold and Minera Andes will combine to form McEwen Mining. Under the terms of the Arrangement Agreement, and as previously announced in US Gold and Minera Andes' joint news release dated Sept. 2 holders of Minera Andes common shares will receive 0.45 shares of a subsidiary of US Gold which are exchangeable for common shares of US Gold for each 1 common share of Minera Andes held. This transaction will be carried out pursuant to the Arrangement Agreement under a court-approved statutory plan of arrangement governed by the Business Corporations Act of Alberta.
http://finance.yahoo.com/news/US-Gold-Minera-Andes-enter-theflyonthewall-2463097365.html?x=0&.v=1
On Friday September 23, 2011, 5:25 am EDT
US Gold (NYSE:UXG) and Minera Andes (MNEAF) are pleased to announce that US Gold and Minera Andes have entered into an arrangement agreement dated Sept. 22, pursuant to which US Gold and Minera Andes will combine to form McEwen Mining. Under the terms of the Arrangement Agreement, and as previously announced in US Gold and Minera Andes' joint news release dated Sept. 2 holders of Minera Andes common shares will receive 0.45 shares of a subsidiary of US Gold which are exchangeable for common shares of US Gold for each 1 common share of Minera Andes held. This transaction will be carried out pursuant to the Arrangement Agreement under a court-approved statutory plan of arrangement governed by the Business Corporations Act of Alberta.