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Maple Leaf Motoring is a weekly rundown of developments in the world of Canadian transportation. TFI International (TSX:TFI), which reported record second quarter results this week, also disclosed that it had acquired Piston Tank Corporation, a U.S.-based firm that specializes in the transportation of viscous materials and also builds tanks.
Mullen Group (TSX:MLN) delivered a better-than-expected second quarter despite weaker freight volumes. The Canadian transportation and oil services firm reported that net income increased by 6.1 percent ...
VANCOUVER , Nov. 9, 2018 /CNW/ - Mako Mining Corp. (formerly Golden Reign Resources) (the "Company" or "Mako Mining") (GRR.V) and Marlin Gold Mining Ltd. ("Marlin") (MLN.V) are pleased to announce the successful completion of the previously announced business combination transaction of the two companies pursuant to a plan of arrangement under the Business Corporations Act ( British Columbia ) (the "Arrangement"), whereby the Company acquired all of the issued and outstanding common shares of Marlin (the "Marlin Shares"). Prior to the closing of the Arrangement, the parties completed the previously announced amendment to the Company's Gold Purchase Agreement with Sailfish Royalty Corp. and the Marlin Reorganization, including the sale of Marlin's Commonwealth Project to funds controlled by Wexford Capital LP, Marlin's controlling shareholder, which extinguished all of Marlin's loans and any other debts and liabilities owing to Wexford.
VANCOUVER , Nov. 2, 2018 /CNW/ - Golden Reign Resources Ltd. ("Golden Reign") (GRR.V) and Marlin Gold Mining Ltd. ("Marlin") (MLN.V) are pleased to announced that Marlin has been granted the final court order from the Supreme Court of British Columbia approving the plan of arrangement under the Business Corporations Act ( British Columbia ) (the "Arrangement"), pursuant to which and subject to the terms of the Arrangement Agreement date August 3, 2018 , between Golden Reign and Marlin (the "Arrangement Agreement"), Golden Reign will acquire all of the issued and outstanding common shares of Marlin on the basis set forth in the Arrangement Agreement which is available under each company's SEDAR profile at www.sedar.com. Receipt of the final order following approval of the common share issuance in connection with the Arrangement by Golden Reign shareholders, and approval of the Arrangement by Marlin shareholders at their respective shareholders' meetings held on October 30, 2018 .
The Company is pleased to report that no injuries were sustained by any of Marlin's employees or contractors and that the clinic at the La Trinidad Mine has been made available to members of the local community impacted by the storm. To date, we have not had to care for any serious injuries from members of the community. The heap leach pad, crusher and process plant do not appear to have sustained any significant damage, although the Company is still evaluating their operating condition. Pumps were active and working throughout the storm, and no environmental discharge occurred.
The annual and special meeting of shareholders of Golden Reign is scheduled to be held at 10:00 a.m. ( Toronto time) on October 30, 2018 , at the offices of Cassels Brock & Blackwell LLP, 2100 Scotia Plaza, 40 King Street West, Toronto, Ontario M5H 3C2.