Yamana wird zum größten Anteilseigner von Leagold
"Upon completion of the transaction, Yamana received an aggregate of 58,115,953 common shares of Leagold and 25,212,995 common share purchase warrants of Leagold in exchange for its Brio Gold shares, representing approximately 20.65 per cent of the issued and outstanding Leagold shares on a non-diluted basis and approximately 27.17 per cent of the issued and outstanding Leagold shares on a partially diluted basis, assuming the exercise of the warrants held by Yamana. Prior to the arrangement, Yamana did not hold any Leagold shares or convertible securities of Leagold. Each warrant entitles the holder thereof to purchase one Leagold share at a price of $3.70 for a period of two years following completion of the arrangement.
In connection with the transaction, Yamana has agreed to hold the Leagold shares and any Leagold shares issuable upon exercise of the warrants it received pursuant to the transaction for a minimum period of 12 months, subject to certain customary exceptions. While Yamana currently has no plans or intentions with respect to the Leagold securities, subject to the terms of the support agreement, depending on market conditions, general economic and industry conditions, trading prices of Leagold's securities, Leagold's business, financial condition and prospects, and/or other relevant factors, Yamana may develop such plans or intentions in the future and, at such time, may from time to time acquire additional securities, dispose of some or all of the existing or additional securities, or may continue to hold the Leagold shares, warrants or other securities of Leagold."
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