Angus Shareholders Approve Arrangement With Wesdome

TORONTO, June 20, 2025 (GLOBE NEWSWIRE) -- Angus Gold Inc. (TSX-V: GUS, OTC: ANGVF) (“Angus” or the “Company”) is pleased to announce that its shareholders (the “Shareholders”) have approved the resolution required to consummate the previously announced statutory arrangement under the Business Corporations Act (Ontario) (the “Transaction”) with Wesdome Gold Mines Ltd. (“Wesdome”). At Angus’ special meeting of Shareholders held on June 19, 2025 (the “Meeting”), the resolutions supporting the Transaction were approved by approximately 99.8% of the votes cast by Shareholders present or represented by proxy at the Meeting.

Voting Results

The following is a detailed breakdown of the voting results of the Meeting:

Shareholder vote:

Total Common Share Eligible to be Voted	60,331,050
Common Shares Voted Total (%)	43,241,013 (71.67%)
Total Shares Voted FOR Arrangement Resolution	43,172,113
Percent of Shares Voted FOR Arrangement Resolution	99.84%

Shareholder vote, excluding votes attached to shares held by Wesdome, Patrick Langlois and Dennis Peterson which are required to be excluded pursuant to Multilateral Instrument 61-101 – Protection of Minority Security Holders in Special Transactions:

Total Common Share Eligible to be Voted	48,656,050(1)
Common Shares Voted Total (%)	31,566,013 (64.88%)
Total Shares Voted FOR Arrangement Resolution	31,497,113
Percent of Shares Voted FOR Arrangement Resolution	99.78%

Note:
          (1)   For more information on excluded votes, refer to the Company’s press release dated June 2, 2025.

Anticipated Timeline for Completion of the Transaction

With Shareholder approval, Angus will seek a final order from the Ontario Superior Court of Justice (“Court”) to approve the plan of arrangement expected to be held on June 25, 2025. The Transaction remains subject to final court approval and the satisfaction of certain other customary closing conditions for transactions of this nature. The Transaction is expected to close on or about June 27, 2025.