Ely Gold Shareholders Approve Gold Royalty Business Combination
VANCOUVER, BC, Aug. 18, 2021 /PRNewswire/ - Ely Gold Royalties Inc.(TSXV: ELY) (OTCQX: ELYGF) ("Ely Gold") and Gold Royalty Corp. (NYSE American: GROY) ("GRC") are pleased to announce that, at a special meeting of Ely Gold Shareholders (the "Ely Gold Shareholders") held August 17, 2021 (the "Meeting"), the Ely Gold Shareholders overwhelmingly approved a special resolution (the "Arrangement Resolution") authorizing the previously announced business combination between Ely Gold and GRC to be completed by way of statutory plan of arrangement (the "Arrangement") under the British Columbia Business Corporations Act.
- VANCOUVER, BC, Aug. 18, 2021 /PRNewswire/ - Ely Gold Royalties Inc.(TSXV: ELY) (OTCQX: ELYGF) ("Ely Gold") and Gold Royalty Corp. (NYSE American: GROY) ("GRC") are pleased to announce that, at a special meeting of Ely Gold Shareholders (the "Ely Gold Shareholders") held August 17, 2021 (the "Meeting"), the Ely Gold Shareholders overwhelmingly approved a special resolution (the "Arrangement Resolution") authorizing the previously announced business combination between Ely Gold and GRC to be completed by way of statutory plan of arrangement (the "Arrangement") under the British Columbia Business Corporations Act.
- Ely Gold Shareholders that own their Ely Gold Shares through a broker or other intermediary should contact such broker or other intermediary regarding their receipt of GRC Common Shares under the Arrangement.
- About Ely Gold Royalties Inc.
Ely Gold Royalties Inc. is a Nevada focused gold royalty company. - Management believes that due to Ely Gold's ability to locate and purchase third-party royalties, its strategy of organically creating royalties and its gold focus, Ely Gold offers shareholders a favorable leverage to gold prices and low-cost access to long-term gold royalties in safe mining jurisdictions.