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Edgemont Gold gets Laiva shareholders' OK for takeover

2026-04-10 17:33 ET - News Release

Mr. Stuart Rogers reports

EDGEMONT PROVIDES UPDATE ON TRANSACTION WITH LAIVA GOLD INC.

Edgemont Gold Corp. is providing an update on its previously announced transaction with Laiva Gold Inc. Laiva today confirmed that it has received shareholder approval of the transaction, with well in excess of the threshold percentage of 66-2/3 per cent of the shareholders of Laiva voting in favour of the transaction by resolution in writing. Pursuant to the transaction, Edgemont agreed to acquire all of the issued and outstanding shares of Laiva, which will constitute a reverse takeover transaction of Edgemont. The company looks forward to continuing to work with Laiva and the Canadian Securities Exchange to complete the transaction in the near future.

About Laiva and the transaction

Upon completion of the transaction, the company will indirectly own the Laiva mine in Finland. The Laiva mine is an open pit operation, fully equipped with one of the largest gold plants in Europe (6,000-tonne-per-day capacity). The transaction is subject to approval of the Canadian Securities Exchange and certain other closing conditions.

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