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Minera Andes Announces Receipt of Interim Court Order in Respect of Proposed Business Combination With US Gold

Courtesy of Benzinga.

US Gold Corporation (NYSE: UXG) and Minera Andes Inc. are pleased to announce that Minera Andes has been granted an interim order by the Court of Queen’s Bench (Alberta), authorizing, among other things, the holding of a special meeting of Minera Andes shareholders. At this meeting, the Minera Andes shareholders will be asked to consider a special resolution approving the proposed arrangement, pursuant to which US Gold will acquire Minera Andes to form McEwen Mining Inc.

The US Gold and Minera Andes shareholder meetings will each be held in the Austin Gallery at 1 King West Hotel in downtown Toronto, Ontario, Canada. The Meeting of US Gold shareholders to consider matters related to the arrangement is scheduled to be held at 4:00 pm EST, and the Meeting of Minera Andes shareholders, immediately following at 4:45 pm EST, on January 19, 2012. The record date for determining shareholders eligible to vote at each of these meetings is December 12, 2011.

For more Benzinga, visit Benzinga Professional Service, Value Investor, and Stocks Under $5.

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