Angus Shareholders Approve Arrangement With Wesdome

Core Viewpoint - Angus Gold Inc. has received shareholder approval for a statutory arrangement with Wesdome Gold Mines Ltd., with approximately 99.8% of votes in favor of the transaction [1]. Voting Results - Total common shares eligible to be voted: 60,331,050 - Common shares voted total: 43,241,013 (71.67%) - Total shares voted in favor of the arrangement resolution: 43,172,113 - Percentage of shares voted in favor of the arrangement resolution: 99.84% [2] - Excluding certain votes, total common shares eligible to be voted: 48,656,050 - Common shares voted total (excluding certain votes): 31,566,013 (64.88%) - Total shares voted in favor of the arrangement resolution (excluding certain votes): 31,497,113 - Percentage of shares voted in favor of the arrangement resolution (excluding certain votes): 99.78% [2] Anticipated Timeline for Completion - Angus will seek a final order from the Ontario Superior Court of Justice on June 25, 2025, to approve the plan of arrangement - The transaction is expected to close on or about June 27, 2025, pending final court approval and customary closing conditions [3]. Transaction Details - At closing, each Angus shareholder (excluding dissenting shareholders and Wesdome) will receive 0.0096 of a Wesdome common share and $0.62 in cash for each Angus common share held - Following the transaction, Angus will become a wholly-owned subsidiary of Wesdome [4]. Company Overview - Angus Gold is a Canadian mineral exploration company focused on acquiring, exploring, and developing gold properties - The flagship project is the Golden Sky Project near Wawa, Ontario, adjacent to Wesdome's Eagle River mine [6].