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Moneta Gold and Nighthawk Gold Approve Arrangement
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Overview
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Moneta Gold and Nighthawk Gold have gained overwhelming approval for the plan of arrangement to form STLLR Gold Inc., with Moneta acquiring Nighthawk's shares. The closing date is set for February 6, 2024, pending final court approval. Moneta's primary focus is on advancing the Tower Gold Project in Ontario, Canada, while Nighthawk's focus is on the Colomac Gold Project in the Northwest Territories, Canada.
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How could this plan of arrangement affect the gold mining industry in Canada?
How might the acquisition of Nighthawk's shares impact the future of STLLR Gold Inc.?
What potential benefits or challenges could arise from the merger of Moneta Gold and Nighthawk Gold?
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