The shareholders of Linear Gold Corp. and Apollo Gold Corporation, whose Black Fox sits 65 kilometres east of Timmins, have approved the merger to create Brigus Gold.
Apollo's shareholders voted 96 per cent in favour of the transaction, while 99 per cent of Linear's shareholders vote to approve the deal.
Every four Apollo shares will provide one share of Brigus Gold, while every share of Linear will translate to 1.37 shares of Brigus.
Linear's CEO and president Wade Dawe will hold the same positions in the new company, while R. David Russell, the CEO, president and co-founder of Apollo, will resign his positions.
The COO position will be held by Richard Allan, who most recently served as senior director of mining for Barrick Gold Corporation.
Brigus also holds projects in Saskatchewan, Mexico and the Dominican Republic.
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