The C$1-billion deal to create West Africa’s largest gold miner received a near 100% vote of support from shareholders in Endeavour Mining.
The TSX-listed company on Thursday held a live audio webcast to allow shareholders to vote on the acquisition of fellow-listed Semafo Gold on the basis of 0.1422 a share for each Semafo share.
“We are pleased to have the strong support of the shareholders of Endeavour as we take this important step to create a leading West African gold producer,” said Endeavour president and CEO Sebastien de Montessus in a statement issued after the vote.