Titan merger in choppy waters

SHAREHOLDERS in Toronto-based Core Gold may have approved its merger with ASX-listed minnow Titan Minerals, but the British Columbia Supreme Court has declined its assent, saying Core had failed to satisfy it the transaction was fair and reasonable.

 Titan merger in choppy waters  Titan merger in choppy waters  Titan merger in choppy waters  Titan merger in choppy waters  Titan merger in choppy waters
Core was considering its options, including appealing the decision, and Titan said the arrangement between the two companies was in force, and has not been terminated.

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