Mar 21 2014
Goldsource Mines Inc. has been nominated for a distinguished Platts 2014 Global Metals Award for "Deal of the Year" alongside fellow nominees ArcelorMittal / Nippon Steel & Sumitomo Metal Corporation and Reliance Steel & Aluminum Co. The Company is being recognized for its business combination with Eagle Mountain Gold Corp. ("Eagle Mountain"), which is now a wholly owned subsidiary of Goldsource.
Ioannis (Yannis) Tsitos, President of Goldsource, said, "We believe our selection as a finalist highlights the strength and merits of the new Goldsource Mines. Our strategic deal brings together a high-quality gold project with well-defined resources in mining-friendly Guyana and a leadership team that has a proven fast-track record of achieving production and rapidly building shareholder value."
Goldsource completed its business combination agreement with Eagle Mountain on February 28, 2014. The merger was approved by 99.8% of tendered Eagle Mountain shares at a special meeting of Eagle shareholders (inclusive of IAMGOLD Corporation, its largest shareholder). In addition, it received support from all local Guyanese stakeholders and authorities.
The Platts Global Metals Awards is a competitive awards program honoring excellence and accomplishments in the global metals industry. The awards program recognizes exemplary performance in a dozen categories and is hosted by Platts, a leading global provider of energy, petrochemical and metals information. Awards will be announced on May 21, 2014 at Plaisterers' Hall in London, UK.