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September 13, 2011 /PRNewswire/ --
AuRico Gold Inc. ("AuRico") (TSX:AUQ) (NYSE:AUQ) and
Northgate Minerals Corporation ("Northgate") (TSX:NGX) (NYSE-Amex:NXG) jointly announce that pursuant to the New York Stock Exchange's advance notice requirement for setting record dates, the record date for the notice of the AuRico Meeting and the Northgate Meeting (as defined below) has now been set for
September 23, 2011. Consistent with the change in the record date, the date of both companies' special meetings of shareholders has now been set for
October 24, 2011.
The purpose of the AuRico special meeting ("AuRico Meeting") is to consider a resolution to approve the issuance of the AuRico common shares to Northgate security holders in connection with the Arrangement (as hereinafter defined). The AuRico Meeting is being held concurrently with the special meeting of Northgate shareholders ("Northgate Meeting") which has been called to consider the Arrangement.
AuRico shareholders of record at the close of business on
September 23, 2011 will be provided with the notice of the AuRico Meeting and AuRico's management information circular in respect of the AuRico Meeting and will be entitled to vote at the AuRico Meeting.
Northgate shareholders of record at the close of business on
September 23, 2011 will be provided with the notice of the Northgate Meeting and Northgate's management information circular in respect of the Northgate Meeting and will be entitled to vote at the Northgate Meeting.
Both companies' information circulars will be publicly filed and mailed during the week of
September 26, 2011.
August 29, 2011, AuRico and Northgate announced that the companies had entered into an arrangement agreement (the "Arrangement Agreement"), pursuant to which, among other things, AuRico will acquire all of the issued and outstanding common shares of Northgate in accordance with a court-approved plan of arrangement of Northgate under the
British ColumbiaBusiness Corporations Act (the "Arrangement"). Assuming the Arrangement becomes effective, each Northgate shareholder will receive 0.365 of an AuRico common share for each Northgate common share.
AuRico Gold is a leading intermediate Canadian gold and silver producer with a diversified portfolio of high quality mines and projects in
Mexico. The Company's three wholly-owned operating properties include the
Ocampo mine in Chihuahua State, the El Chanate mine in Sonora State and the
El Cubo mine in Guanajuato State. A strong pipeline of development and exploration stage projects include the Guadalupe y Calvo advanced development property in Chihuahua State and the Orion advanced development property in
Nayarit State, along with six exploration properties throughout
Mexico. AuRico's head office is located in
Toronto, Ontario, Canada.
About Northgate Minerals: