Orogen Royalties Inc. announced that its shareholders overwhelmingly approved the plan of arrangement with Triple Flag Precious Metals Corp. at their Annual General and Special Meeting. This approval is a critical step towards the completion of the acquisition.
The plan of arrangement will result in Triple Flag acquiring Orogen's 1.0% Net Smelter Return (NSR) royalty on the Expanded Silicon gold project, now known as the Arthur Gold project. This project is a significant asset operated by AngloGold Ashanti plc.
Shareholder approval was a key condition for the transaction, which is expected to close in the third quarter of 2025, subject to regulatory and court approvals. This milestone indicates the acquisition is progressing as planned, reinforcing Triple Flag's strategic expansion.
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