Shareholders approve Royal Oak acquisitions

Shareholders of Geddes Resources (TSE), El Condor Resources (VSE) and St. Philips Resources (VSE) separately approved a previously announced plan of arrangement which will result in Royal Oak Mines’ (TSE) acquiring all the shares in each company.

The acquisition allows Royal Oak to proceed with the planned development of the South Kemess copper-gold project in north-central British Columbia.

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