GRY gryphon minerals limited
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News: GRY Teranga Gold says one step closer to acquisition of Gryphon Minerals

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    17/08/16
    09:12
    Post #: 18535190

    Aug 16 (Reuters) - Teranga Gold Corp TGZ.TO

    • Teranga gold one step closer to acquisition of gryphon minerals
    • Gryphon directors have unanimously recommended that Gryphon shareholders vote in favour of scheme in absence of a superior proposal
    • Federal court of Australia approved scheme booklet for distribution to gryphon shareholders, ordered Gryphon convene the scheme meeting
    • Says each Gryphon director intends to vote in favour of scheme in relation to all of Gryphon shares held by them
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