Aya Gold & Silver Announces Approval to Acquire Algold Resources

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Mar 05, 2021
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Mont-Royal, March 05, 2021 (GLOBE NEWSWIRE) -- Montreal, Quebec, March 5, 2021 - Aya Gold & Silver Inc. (TSX: AYA) (“Aya” or the “Corporation”) is pleased to announce that the Proposal made by Algold Resources Ltd. (“Algold”) to its creditors was approved today pursuant to which Aya will fund Algold’s Proposal and at closing, will become the sole shareholder of Algold (the “Transaction”).