Signal Gold Urges Shareholders to Submit Votes for Special Meeting

Signal Gold Inc. has issued a reminder to its shareholders about the upcoming virtual Special Meeting scheduled for December 6, 2024. Shareholders are encouraged to cast their votes by the proxy deadline on December 4, 2024, at 11:00 a.m. Eastern. Due to potential disruptions from the Canada Post labour strike, the company advises using electronic voting methods.

The meeting will address issues surrounding the arrangement with NexGold Mining Corp., including a related party transaction for debt restructuring. While an exemption from a formal valuation is in place, approval is needed from minority shareholders.

Signal Gold also clarifies that a vote for the arrangement will inherently include approval for the debt restructuring, aimed at facilitating the merger with NexGold to create an advanced Canadian gold developer.