Northwire Canada EditionWednesday, July 22, 2026
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M&A / Property

Independent Proxy Advisory Firms, ISS and Glass Lewis Recommend Allied Gold Corporation's Shareholders Vote FOR the Arrangement Resolution in Connection with the Proposed Plan of Arrangement with Zijin Gold International

By The Northwire Desk — AI Analysis Mar 19, 2026 · 17:00 AAUC · 42.66 Allied Gold Corporation
AAUC · Price

Executive Summary

  • Allied Gold’s Board unanimously recommends shareholders vote FOR the Arrangement Resolution, which will sell all outstanding shares to Zijin Gold at C$44 per share in cash.
  • Two leading proxy advisory firms, ISS and Glass Lewis, have also recommended a FOR vote on the special resolution.
  • The shareholder meeting is scheduled for Tuesday, March 31, 2026, with voting deadline of Friday, March 27, 2026.

Key Details

  • Acquisition Terms: Zijin Gold International Company Limited will acquire 100% of Allied Gold’s issued and outstanding shares at a cash price of C$44 per share.
  • Board Recommendation: After legal and financial advice and input from the Special Committee of independent directors, the Board unanimously determined the Arrangement is fair, reasonable, and in shareholders’ best interests.
  • Proxy Advisory Support: Institutional Shareholder Services Inc. (ISS) and Glass Lewis & Co. LLC each issued a FOR recommendation on the Arrangement Resolution.
  • Shareholder Meeting:
  • Date & Time: March 31, 2026 at 11:00 a.m. Toronto time
  • Location: St. Andrew’s Lounge, 27th Floor, 150 King Street West, Toronto, ON M5H 1J9
  • Record Date: Shareholders of record as of close of business on February 23, 2026 are entitled to vote.
  • Voting Deadline: Votes must be received by 11:00 a.m. (Toronto time) on Friday, March 27, 2026.
  • Proxy Materials: Management Information Circular dated February 25, 2026 and related proxy materials are available on SEDAR+ and Allied Gold’s website.
  • Voting Assistance: Shareholders can obtain voting assistance from Laurel Hill Advisory Group (toll‑free 1‑877‑452‑7184 in North America; international 1‑416‑304‑0211) or via email at [email protected].
  • Forward‑Looking Statements: The release contains forward‑looking information regarding the Arrangement, voting outcomes, and closing conditions, with associated risk factors disclosed.

Notable Quotes

(No direct quotes from executives were included in the release.)

Read the original news release →

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