Westgold Resources and Karora Resources are pleased to announce the completion of the merger of Westgold and Karora to create a leading mid-tier gold producer and international gold company expected to be dual listed on the Australian Securities Exchange and Toronto Stock Exchange. Westgold has acquired 100% of the issued and outstanding shares of [...]
Karora Resources is pleased to announce that it has obtained the final court order from the Ontario Superior Court of Justice approving the previously announced plan of arrangement under the Canada Business Corporations Act in respect of its merger with Westgold Resources . As previously announced, the Arrangement was approved by the holders of [...]
Karora Resources is pleased to announce the voting results of its annual general and special meeting of shareholders held today. Paul Andre Huet, Chairman & CEO, commented: "The approval by approximately 99% of the votes cast on the resolutions regarding the proposed merger transaction with Westgold Resources, along with receipt of FIRB approval [...]
Karora Resources is pleased to announce that in addition to Institutional Shareholder Services, a second leading independent proxy advisory firm, Glass Lewis & Co. has released a report recommending that Karora shareholders vote in favour of the previously announced statutory plan of arrangement with Westgold Resources. Details of the Transaction [...]
Karora Resources announced that Institutional Shareholder Services released a report recommending that Karora shareholders vote in favour of the previously announced statutory plan of arrangement with Westgold Resources. The ISS Report states, in addition to other things, that "The arrangement carries sound strategic logic as the combined company [...]
Karora Resources announced that it has filed and is in the process of mailing the management information circular and related materials for the annual general and special meeting of shareholders of Karora to be held July 19, 2024. At the Meeting, Karora Shareholders will be asked to consider and vote on, among other things, a special resolution [...]
Karora Resources is pleased to announce further results from gold exploration and infill drilling targeting the growing Fletcher zone at the Beta Hunt Mine: The Stage 2 drill program targeting the northern end of Fletcher South has extended high grade mineralized intersections a further 100 m north of previously announced drill results. Drilling [...]
Karora Resources announced financial and operating results for the first quarter of 2024. The Company's unaudited condensed interim financial statements and management discussion & analysis are available on SEDAR and on the Company's website. FIRST QUARTER 2024 Pre reported Q1 2024 production of 36,147 gold ounces decreased 9% from 39,827 ounces in [...]
Karora Resources is pleased to announce senior management will host a conference call / webcast on May 13, 2024 at 10:00 a.m. to discuss the Corporation's first quarter 2024 results. The access information is provided below. Date: May 13, 2024 Time: 10:00 a.m. North American callers please dial: 1-888-664-6383 Local and international callers please [...]
Karora Resources and Westgold Resources have agreed to combine in a merger pursuant to which Westgold will acquire 100% of the issued and outstanding common shares of Karora by way of a statutory plan of arrangement under the Canada Business Corporations Act. Transaction Highlights: Karora shareholders will receive 2.5241 Westgold fully paid [...]
Karora Resources is pleased to announce consolidated gold production of 36,147 ounces and sales of 40,343 ounces for the first quarter of 2024. Production was negatively impacted by wet weather during the quarter and a regional interruption to grid power that impacted the Lakewood mill, affecting gold ounces produced. During the quarter, mobile [...]
Karora Resources notes the announcement today by Ramelius Resources that it is no longer in exclusive discussions with Karora regarding a potential transaction. Karora confirms that it has exited such discussions. Karora also confirms that it is currently engaged in exclusive negotiations with a new third party regarding a potential business [...]
