Sama Resources Seeks Shareholder Approval for C$ 7.8 Million Azegour Acquisition
Bitget2026/11/05 13:16- Sama Resources shareholders will vote on acquiring Morocco’s Azegour project at a special meeting expected in December 2026.
- Consideration totals C$ 7.8 million, comprising 52,000,000 common shares issued to Aya Gold & Silver at C$ 0.15 each.
- Aya would hold approximately 19.11% following issuance; the acquisition requires a majority of votes cast by disinterested shareholders.
- Shareholders will also vote on renaming the company AXA Metals, requiring at least 66.67% of votes cast.
- The meeting circular will include board voting recommendations, with disinterested directors providing the recommendation on the acquisition.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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