On November 7, 2024, Harfang Exploration Inc. completed a transaction by which it acquired all of the issued and outstanding common shares of NewOrigin Gold Corp. pursuant to a court-approved plan of arrangement under the provisions of the Business Corporations Act (Ontario).
Pursuant to the arrangement, former NewOrigin shareholders received 0.25694426 of a Harfang common share in exchange for each NewOrigin common share. As a result, NewOrigin became a wholly-owned subsidiary of Harfang and former NewOrigin shareholders now own 20% of the issued and outstanding common shares of Harfang.
Harfang Exploration Inc. is a well-financed technically driven mineral exploration company with the primary mission to discover ore deposits in Québec and Ontario.
A Fasken team composed of Frank Mariage, Laura Fabi and Simon Brissette advised Harfang in this transaction.
