In addition to the approval by Pan American shareholders, Tahoe shareholders approved the arrangement at the special meeting of Tahoe shareholders held yesterday. The arrangement is subject to approval by the Supreme Court of British Columbia and satisfaction of certain other customary closing conditions. The arrangement is expected to be completed on or about 26 February 2019, following authorisation from the Mexican Federal Economic Competition Commission.
"We are very pleased to see strong shareholder support for our acquisition of Tahoe," said Michael Steinmann, President and CEO of Pan American.
"This is a logical combination that provides investors with exposure to a geographically diversified portfolio of some of the world's best silver mining assets."
