Excellon Resources Inc. and Otis Gold Corp. are pleased to announce the successful completion of the previously-announced business combination, pursuant to which Excellon has acquired all of the issued and outstanding common shares of Otis by way of a statutory plan of arrangement under the provisions of the Business Corporations Act. The [...]
Excellon Resources Inc. and Otis Gold Corp. are pleased to announce they have received final approval of the British Columbia Supreme Court for their proposed business combination pursuant to a plan of arrangement . Excellon and Otis currently anticipate the closing of the Arrangement to occur on April 23, 2020 subject to the satisfaction or waiver [...]
Excellon Resources Inc. and Otis Gold Corp. are pleased to announce that all resolutions put forth in connection with their proposed business combination to be completed by way of a plan of arrangement were overwhelmingly approved today at the special meeting of shareholders of Excellon and at the annual general and special meeting of shareholders [...]
Excellon Resources Inc. and Otis Gold Corp. are pleased to announce that the two leading independent proxy advisory firms, Institutional Shareholder Services Inc. and Glass Lewis & Co., have each recommended that shareholders approve the proposed acquisition by Excellon of all of the issued and outstanding shares of Otis by way of a statutory plan [...]
Excellon Resources Inc. and Otis Gold Corp. announced today that they have filed a joint management information circular, which will be mailed out to their respective shareholders' next week for the meetings to be held on April 17, 2020, in connection with the previously announced acquisition by Excellon of all of the issued and outstanding shares [...]
Excellon Resources Inc. and Otis Gold Corp. are pleased to announce the receipt of an interim order from the Supreme Court of BC on March 13, 2020, in connection with Excellon's previously announced acquisition of all of the issued and outstanding shares of Otis pursuant to a plan of arrangement under the Business Corporations Act. The Interim [...]
Otis Gold Corp. is pleased to announce that a definitive option agreement has been executed by Centerra Gold Inc. to earn up to a 70% interest in the Oakley Property in exchange for total exploration expenditures of US$7,000,000 and cash payments to Otis of US$550,000 over a 6 year period. Highlights Centerra can earn a 51% interest in Oakley by [...]
Excellon Resources Inc. and Otis Gold Corp. are pleased to announce that they have entered into a definitive agreement today whereby Excellon will acquire all the issued and outstanding shares of Otis Gold pursuant to a plan of arrangement under the Business Corporations Act. The combined company will be a well-financed precious metals producer [...]
Otis Gold Corp. is pleased to announce that results from the Fall 2019 drill program at the Kilgore Project indicates gold mineralization extends to the west and the south of the existing Kilgore Deposit. Specifically, assays from hole 19OKR-384, drilled to the west of the Kilgore Deposit, intercepted 158.5 metres averaging 0.23 g/t gold including [...]
Otis Gold Corp. reports that Idaho federal district court Judge B. Lynn Winmill issued a final Judgment in Idaho Conservation League et al v. U.S. Forest Service on January 16, 2020 that confirms Otis’ continued legal right to conduct exploration activities, including drilling, at the Kilgore Project, Clark County, Idaho. This Judgment, which [...]
Otis Gold Corp. is pleased to announce up to 92.6% gold recovery from column leach metallurgical testing of near-surface mineralized volcanic rock at its Kilgore Project. The test samples came from drill hole 17OKC-379, a larger diameter PQ drill hole that contained a true width interval of 120 feet with a calculated head grade of 1.49 g/t Au; the [...]
Otis Gold Corp. is pleased to report that Idaho federal district court Judge B. Lynn Winmill issued a decision in Idaho Conservation League et al v. U.S. Forest Service that confirms Otis’ right to operate under the five year Plan of Operation issued to Otis in 2018 at its Kilgore Project, Clark County, Idaho. Judge Winmill found the Forest [...]
