Aquila resources shareholders overwhelmingly approve acquisition by gold resource corporation

Denver, co / accesswire / november 17, 2021 / gold resource corporation ( "grc" or the "company") (nyse american:goro) is pleased to announce that at the aquila resources inc. ("aquila") special meeting of shareholders (the "meeting") held earlier today, an overwhelming majority of aquila shareholders voted in favor of the special resolution (the "arrangement resolution") approving the previously announced plan of arrangement pursuant to which the company will acquire all of the issued and outstanding common shares ("shares") of aquila (the "transaction"). the transaction required the approval of (i) 66⅔ percent of the votes cast by aquila shareholders and (ii) a simple majority of the votes cast by the minority shareholders (excluding shareholders whose votes are required to be excluded pursuant to multilateral instrument 61 - 101).
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