Loncor Gold receives final court OK for arrangement

Executive Summary

• Loncor Gold Inc. has received final approval from the Ontario Superior Court of Justice for its plan of arrangement with Chengtun Mining Group Co., Ltd.
• Under the arrangement, Chengtun Gold Ontario Inc., a wholly owned subsidiary of Chengtun Mining, will acquire all issued and outstanding common shares of Loncor Gold.
• The transaction was previously announced on October 14, 2025, and shareholder approval was obtained at a meeting held on December 11, 2025.

Key Details

• Transaction Structure: Plan of arrangement pursuant to which Chengtun Gold Ontario Inc. (wholly owned subsidiary of Chengtun Mining Group Co., Ltd., SSE: 600711) acquires all issued and outstanding common shares of Loncor Gold Inc.
• Regulatory Approval: Final order granted by the Ontario Superior Court of Justice (commercial list).
• Shareholder Approval: Meeting of shareholders held on December 11, 2025.
• Conditions to Closing: Closing remains subject to the satisfaction or waiver of remaining conditions contained in the arrangement agreement dated October 14, 2025.
• Documentation: Details provided in the information circular available on SEDAR+ and EDGAR.

Notable Quotes

• None provided in the text.