G2 Goldfields Announces Voting Results from Its Shareholders Meeting
G2 shareholders voted with a 74.03% turnout to spin out non-core assets into G3, aiming to fund G3’s listing with about C$15 million in working capital.
- On Nov. 27, 2025, G2 Goldfields Inc. shareholders approved the Spin-Out at the annual and special meeting in Toronto, with 190,251,811 common shares voted representing 74.03% turnout.
- To create a separate listed vehicle, G2 proposes to transfer its interests in Non-Core Assets to a wholly owned Guyanese subsidiary of G3 and provide cash anticipated at C$15 million, under the plan of arrangement.
- Voting tallies show the plan to complete the Spin-Out was supported with 187,274,623 votes for and 81,126 against, with 18.34% opposition to the G3 stock option plan, and 97.59% approved J. Patrick Sheridan as control person.
- Final legal and exchange approvals are still required, with a court hearing on December 3, 2025, and G2 shareholders will see no change in their holdings after the Spin-Out.
- Strategically, the Spin-Out positions G3 to hold non-core Guyana assets while G2 concentrates on core projects, leveraging an Updated Mineral Resource Estimate announced March 2025 and founders linked to more than 10 million ounces.
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G2 Goldfields Announces Voting Results from Its Shareholders Meeting
TORONTO, Nov. 27, 2025 (GLOBE NEWSWIRE) -- G2 Goldfields Inc. ('G2” or the 'Company”) (TSX:GTWO; OTCQX:GUYGF) and G3 Goldfields Inc. ('G3”) are pleased to announce that at G2’s annual general and special meeting of shareholders (the 'Meeting”) held earlier today, the G2 shareholders approved the annual general matters as well as the matters relating to the proposed spin-out of G2’s interest in certain non-core assets ('Non-Core Assets”) into G3,…
G2 Goldfields Announces Voting Results from Its Shareholders Meeting
TORONTO, Nov. 27, 2025 (GLOBE NEWSWIRE) -- G2 Goldfields Inc. (“G2” or the “Company”) (TSX:GTWO; OTCQX:GUYGF) and G3 Goldfields Inc. (“G3”) are pleased to announce that at G2’s annual general and special meeting of shareholders (the “Meeting”) held earlier today,…
G2 Goldfields Announces Voting Results from Its Shareholders Meeting
TORONTO, Nov. 27, 2025 (GLOBE NEWSWIRE) -- G2 Goldfields Inc. (“G2” or the “Company”) (TSX:GTWO; OTCQX:GUYGF) and G3 Goldfields Inc. (“G3”) are pleased to announce that at G2’s annual general and special meeting of shareholders (the “Meeting”) held earlier today,…
G2 Goldfields Announces Voting Results from Its Shareholders Meeting
TORONTO, Nov. 27, 2025 (GLOBE NEWSWIRE) -- G2 Goldfields Inc. (“G2” or the “Company”) (TSX:GTWO; OTCQX:GUYGF) and G3 Goldfields Inc. (“G3”) are pleased to announce that at G2’s annual general and special meeting of shareholders (the “Meeting”) held earlier today,…
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