Jilbey Shareholders Approve Merger with High River Gold Mines Ltd.BEDFORD, Nova Scotia Bedford (2001 pop.: 16,102) is a community in the Halifax Regional Municipality, Nova Scotia, Canada. It was an independent town from 1980-1996. Bedford lies on the northwestern end of Bedford Basin, which is part of the Halifax Harbour. -- The shareholders of Jilbey Gold Exploration Ltd. (TSX TSX Toronto Stock Exchange (TSE before April, 2002) TSX Transfer from Stack Pointer to Index TSX True Space Extension VENTURE:JLB JLB Jorge Luis Borges (Argentinian author) JLB James Labrie (Dream Theater vocalist) JLB Junior League of Boston JLB Junior League of Brooklyn JLB Junior League of Birmingham JLB Junior League of Buffalo )("Jilbey" or the "Corporation") have overwhelmingly voted in favour of a special resolution to merge the Corporation with High River Gold Mines Ltd. ("High River") of Toronto. Under the terms of the Plan of Arrangement, Jilbey shareholders are to receive 0.75 common shares of High River for each common share of Jilbey held. Computershare Investor Services Inc. acted as Scrutineer Scru`ti`neer n. 1. A scrutinizer; specifically, an examiner of votes, as at an election. Noun 1. scrutineer - someone who examines votes at an election canvasser Britain, Great Britain, U.K. at the special meeting of shareholders and reported that of the total shares outstanding at the record date of 35,866,837, 26,122,414 or 72.83 % voted. Of the total number of shares voted, 25,932,914 shares or 99.27% voted for and 189,500 shares or 0.73% against. A "majority of the minority' vote count was also conducted, with an total of 13,701,754 minority shares voted. Of this total, 13,701,754 shares or 98.64% voted in favour and 189,500 shares or 1.36% voted against. Closing of the transaction is expected to take place September 1, 2005, after which date, Jilbey common shares are to be de-listed from the TSX Venture Exchange TSX Venture Exchange Originally called the Canadian Venture Exchange (CDNX), this was a result of the merger of the Vancouver and Alberta stock exchanges. The goal of TSX Venture Exchange is to provide venture companies with effective access to capital while protecting investors. and Jilbey shareholders will hold High River common shares. The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release. JILBEY GOLD EXPLORATION LTD. (TSX VENTURE:JLB) |
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