TSX-listed miner Semafo said on Tuesday that its merger with fellow-listed Endeavour Mining to form the largest gold miner in West Africa continued to receive strong shareholder support.
A vote regarding the proposed merger is set down for May 28 during a live audio webcast.
However, Semafo said that Endeavour had received a notice from the director of investments under the Investment Canada Act (ICA), indicating that the Innovation, Science and Economic Development Minister was considering whether to order a national security review of the transaction under the ICA.