Lake Shore seals the Temex deal.
Position | Temex Resources - Lake Shore Gold Corp. - Brief article |
Lake Shore Gold shareholders approved the acquisition of its Timmins gold camp neighbour, Temex Resources, at its annual general meeting in Toronto Sept. 14.
Lake Shore received 88 per cent approval to acquire all of the outstanding common shares as out- * lined in a plan of arrangement agreement.
The prize is the Whitney Property, which is adjacent to Lake Shore's Bell Creek Mine and Mill.
The property holds the former workings of the Hallnor, Broulan Reef and Bonetal Mines.
"We are pleased with the very high level of support that our agreement with Temex has received from Temex shareholders," said Lake Shore Gold president-CEO Tony Makuch in a...
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