The Supreme Court of Western Australia has approved the merger scheme between CGA Mining Limited (TSX:CGA, ASX: CGX) and Vancouver’s B2Gold Corp. (TSX:BTO, OTCQX:BGLPF, NSX:B2G), CGA announced this morning.
Clive Johnson, B2Gold’s president and chief executive officer, has been appointed director of CGA, effective today, along with B2Gold’s senior vice-president of finance and chief financial officer Mark Corra and executive vice-president and general counsel Roger Richer.
In December, B2Gold, one of Business in Vancouver’s top three fastest-growing companies in 2012, announced that its shareholders approved the merger.
The merged entity will operate B2Gold’s Limon and La Libertad gold mines in Nicaragua and CGA’s Masbate gold mine in the Philippines.
The merger is expected to be finalized by the middle of February.
