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Northern Superior to merge with IAMGOLD, offering shareholders 0.0991 shares and $0.19 cash per share, with a vote set for December 10, 2025.
Northern Superior Resources Inc. has received an interim court order and is preparing for a December 10, 2025, shareholder meeting to vote on a plan to merge with IAMGOLD Corporation.
Under the proposed deal, IAMGOLD would acquire all of Northern Superior’s shares for 0.0991 of its stock and $0.19 in cash per share, while distributing Northern Superior’s 48.5% stake in ONGold Resources to shareholders.
The transaction requires shareholder and final court approval, along with other customary conditions, and is expected to close in the weeks following the meeting.
The virtual meeting will be held at 10:00 a.m. Pacific time via webcast, with voting options available through proxy or instruction forms.
Materials are available on SEDAR+ and the company’s website.
Northern Superior, a gold exploration company with major holdings in Quebec’s Chibougamau Camp and a stake in ONGold, trades on the TSX Venture Exchange and OTCQB.
IAMGOLD, a Canadian gold producer with operations in North America and West Africa, is the acquiring company.
Northern Superior se fusionará con IAMGOLD, ofreciendo a los accionistas 0.0991 acciones y $0.19 en efectivo por acción, con una votación prevista para el 10 de diciembre de 2025.