Teranga and Oromin today announced that Teranga has completed the acquisition of all of the issued and outstanding common shares of Oromin that it did not already own by way of a plan of arrangement under the Business Corporations Act. Under the terms of the Arrangement, former shareholders of Oromin are entitled to receive the same consideration [...]
Teranga and Oromin today announced that they have entered into an arrangement agreement for Teranga to acquire the remaining outstanding common shares of Oromin by way of a plan of arrangement under the B.C. Business Corporations Act. Under the Arrangement, shareholders of Oromin would receive the same consideration of 0.60 of a common share of [...]
Oromin Explorations today announced that, following the take-up and payment by Teranga Gold of all of the Oromin common shares under Teranga's take-over bid, pursuant to the terms of the support agreement between Oromin and Teranga dated June 22, 2013, all of the directors and officers of Oromin have resigned and been replaced with Mr. Robert Duff [...]
Teranga Gold Corp. and Oromin Explorations Ltd. today announced that as at the expiry time of 9:00 p.m. on August 6, 2013, a total of 78,985,388 common shares of Oromin, representing approximately 57.5% of the outstanding Oromin Shares, had been tendered to the Teranga offer to acquire all of the outstanding Oromin Shares that Teranga did not [...]
Teranga Gold and Oromin Explorations today announced that they have entered into a support agreement in respect of an amended offer by Teranga to acquire all of the outstanding common shares of Oromin that it does not already own. The Varied Offer reflects an increase in the exchange ratio to 0.60 of a common share of Teranga for each Oromin Share [...]
Oromin announces that it has mailed its directors' circular in response to the unsolicited offer from Teranga to acquire all of the issued and outstanding common shares of Oromin, for consideration of 0.582 of a common share of Teranga for each Oromin Share held and upon the other terms and subject to the conditions set forth in the Teranga Offer [...]
Oromin Explorations announced today that the Annual and Special Meeting of Shareholders of the Company that was to be held on July 17, 2013 at 10:00 a.m. will be postponed to Wednesday, July 31, 2013 at 11:00 a.m. The location of the meeting will remain at the Oceanic Plaza Meeting Room - Pender Level, 1035 West Pender Street, Vancouver, British [...]
Oromin acknowledges the announcement made on June 19, 2013 by Teranga Gold of its commencement of an unsolicited bid for all of the issued and outstanding common shares of Oromin that it currently does not own. The Company is in the process of reviewing and evaluating the Offer with its financial and legal advisors. Oromin has appointed RBC Capital [...]
Teranga announces that it has formally commenced its offer to acquire all of the outstanding common shares of Oromin Explorations that it does not already own by mailing an offer and take-over bid circular and related documents to the Oromin security holders as required under applicable securities laws. Pursuant to the Offer, Oromin shareholders [...]
Bendon International announced today that it strongly opposes the proposed unsolicited offer by Teranga Gold, announced June 3, 2013, to acquire the outstanding shares of Oromin Explorations. Bendon is a 43.5% shareholder in Oromin Joint Venture Group. If the Offer is successful, Teranga would control Oromin's 43.5% ownership interest in the OJVG [...]
Oromin reports that it has received today from Teranga Gold notice of intent to file an unsolicited offer to acquire all of the outstanding shares of Oromin for 0.582 of a common share of TGZ stock for each outstanding common share of Oromin, or 80,000,000 common shares of TGZ. Consistent with its obligations and focus on delivering value to [...]
Oromin Explorations announces that the NI 43-101 Technical Report "OJVG Golouma Gold Project Updated Preliminary Economic Assessment of the Heap Leach Potential" has been filed on SEDAR and is also available on Oromin's website. The positive results of the PEA update for the OJVG Gold Project in Senegal, West Africa were previously announced in [...]
