Golden Star and Chifeng Jilong Gold Mining Co., Ltd. have announced that they have entered into a definitive agreement pursuant to which Chifeng has agreed to acquire all of the issued and outstanding common shares of Golden Star by way of a statutory plan of arrangement under the Canada Business Corporations Act.
The Transaction will be consummated through Chifeng’s majority-controlled subsidiary, Chijin International Limited.
Source: Myjoyonline
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