OceanaGold Limited
(ASX:OGC) says it has received shareholder approval to acquire Romarco Minerals.
The gold miner says Romarco’s shareholders have also approved the arrangement.
Pursuant to the arrangement, Romarco shareholders will receive 0.24 Oceana shares for each Romarco share held.
The company says the acquisition of Romarco will add to Oceana’s high quality operating assets.
OceanaGold reported a net profit of $30.59 million at 30 June 2015.
