trending Market Intelligence /marketintelligence/en/news-insights/trending/rbijgxfkniakhuvjaszrgq2 content
Log in to other products

Login to Market Intelligence Platform

 /


Looking for more?

Contact Us

Request a Demo

You're one step closer to unlocking our suite of comprehensive and robust tools.

Fill out the form so we can connect you to the right person.

If your company has a current subscription with S&P Global Market Intelligence, you can register as a new user for access to the platform(s) covered by your license at Market Intelligence platform or S&P Capital IQ.

  • First Name*
  • Last Name*
  • Business Email *
  • Phone *
  • Company Name *
  • City *
  • We generated a verification code for you

  • Enter verification Code here*

* Required

In this list

Galane Gold closes Galaxy Gold share offer, names new CFO

OTT Winners, Losers In The Age Of COVID-19

After Growing In 2019, Latam FTTP Market Might Slowdown In 2020 Due To COVID-19

Another Outcome Of COVID-19: Olympics Postponed

COVID-19 Crisis: Legacy TV Universe Strategic Analysis


Galane Gold closes Galaxy Gold share offer, names new CFO

Galane Gold Ltd. said Sept. 13 that it has closed its mandatory offer for the acquisition of outstanding ordinary shares of Galaxy Gold Mining Ltd. held by its minority shareholders.

As a result, Galane now owns around 98.6% of outstanding Galaxy shares.

Under terms of the offer, Galane Gold has agreed to pay an aggregate purchase price of approximately C$235,000 to holders of Galaxy shares who elected to receive cash consideration.

The company will also issue 2,340,094 common shares and 520,016 common share purchase warrants, exercisable at a price of 17.5 Canadian cents per share until Sept. 12, 2018, to Galaxy shareholders that opted to subscribe for securities of Galane.

Galaxy will exercise its right to compulsorily acquire all of the outstanding Galaxy shares, as the offer was accepted by shareholders of more than 90% of the shares not owned by Galane.

In addition, the company also said it appointed Gavin Vandervegt as CFO, effective Oct. 16. He will replace Bradshaw Zinyemba, who has been acting CFO at Galane.