Canadian Gold Corp. Announces Sending of Meeting Materials for Proposed Plan of Arrangement

Core Viewpoint - Canadian Gold Corp. is moving forward with a proposed plan of arrangement with McEwen Inc., with a special meeting scheduled for December 5, 2025, to seek shareholder approval for the arrangement [1][4]. Group 1: Arrangement Details - The arrangement agreement, dated October 10, 2025, stipulates that each holder of Canadian Gold shares will receive 0.0225 McEwen shares for each Canadian Gold share held [2]. - The arrangement is subject to customary conditions, including necessary court, shareholder, and stock exchange approvals, with an anticipated completion date in January 2026 if all conditions are met [4]. Group 2: Fairness Opinion - Red Cloud Securities Inc. has provided a fairness opinion indicating that the arrangement is fair from a financial perspective for Canadian Gold shareholders [5]. Group 3: Company Overview - Canadian Gold Corp. focuses on mineral exploration and development, particularly at the Tartan Mine in Flin Flon, Manitoba, which has an indicated mineral resource estimate of 240,000 ounces of gold [6]. - The company also holds exploration properties in Ontario and Quebec, adjacent to major gold mines and projects [6].