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Gryphon Minerals shareholders approve takeover by Teranga Gold

Gryphon Minerals Ltd. said on Sept. 23 that shareholders have approved the planned takeover of the company by Teranga Gold Corp. The deal is expected to close in mid-October, pending statutory approvals.

Gryphon's key asset is the 90%-owned fully permitted open-pit Banfora gold project in Burkina Faso.