Minority Shareholders to Receive Consideration of $0.15 per Share
Gowest Gold Ltd. announced today that it has entered into a definitive arrangement agreement dated June 21, 2024, with a group of existing shareholders of Gowest , pursuant to which the Acquiring Group will acquire all of the outstanding common shares of Gowest not already owned by the Acquiring Group , for cash consideration of $0.15 per common share . The Acquiring Group, which collectively holds approximately 91.5% of the outstanding common shares of Gowest, is comprised of Lush Land Investment Canada Inc., Greenwater Investment Hong Kong Limited, 1000216244 Ontario Inc., Debao Wang, Yun Zhao, Fortune Future Holdings Limited, Meirong Yuan, C. Fraser Elliott and CFE Financial Inc. . The Share Consideration re...