Leading Independent Proxy Advisory Firms Recommend Orla's Shareholders Vote for the Proposed Acquisition of Musselwhite Mine from Newmont Corporation/CNW/ - Orla Mining Ltd. is pleased to announce that the two leading independent proxy advisory firms have each recommended that Orla's shareholders vote FOR the resolution to approve the Company's proposed acquisition of the Musselwhite Mine from Newmont Corporation .
The proxy advisory firms also recommended voting FOR a resolution to approve a concurrent private placement of convertible notes and common share purchase warrants toand Fairfax Financial Holdings Limited. The net proceeds from the private placement will be used to fund a portion of the purchase price of the Transaction .
, and vote their shares as soon as possible. The management information circular is available on SEDAR+ and EDGAR under the Company's profile atOrla's corporate strategy is to acquire, develop, and operate mineral properties where the Company's expertise can substantially increase stakeholder value. The Company has two material gold projects: . Orla is operating the Camino Rojo Oxide Gold Mine, a gold and silver open-pit and heap leach mine.
The world's imports increased a modest 3.6% to a record high in 2024, however the boost was nearly totally driven by China.Korea Zinc in talks with US buyers to supply antimony, chairman saysYukon Metals identifies priority drill targets at Birch copper-gold projectThe moves are the latest signs that Glencore and Trafigura Group, which have long dominated metals trading, are being challenged by an influx of new competition.
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