08:18 AM EDT, 06/20/2025 (MT Newswires) -- Angus Gold ( ANGVF ) said Friday that its shareholders approved Wesdome Gold Mines' ( WDOFF ) planned takeover.

Resolutions supporting the transaction were approved by about 99.8% of the votes cast during a special meeting, Angus said.

Following shareholder approval, Angus will seek a final order from the Ontario Superior Court of Justice to approve the plan of arrangement on June 25.

The transaction is expected to close on or about June 27.

Under the terms, each Angus shareholder will receive 0.0096 of a Wesdome share and $0.62 in cash for each Angus share held.

Following transaction close, Angus will become a wholly-owned subsidiary of Wesdome.