Gold Standard Ventures Announces The Filing Of Its Management Information Circular In Connection With Its Special Meeting To Approve Acquisition By Orla
Jul 12, 2022•about 3 years ago
Acquiring Company
Orla
Acquired Company
Gold Standard
Natural ResourcesSustainabilityHardware
Description
Gold Standard Ventures Corp. (NYSE AMERICAN: GSV) (TSX: GSV) (“Gold Standard” or the “Company”) announced today that it has filed and mailed the management information circulated dated July 6, 2022 (the “Circular”) and related meeting materials (collectively, the “Meeting Materials”) for its special meeting of shareholders, option holders, and restricted share unit holders of Gold Standard (collectively, the “Security Holders”) to be held on August 9, 2022, at 8:30 a.m. (Pacific Time) (the “Meeting”) in connection with the proposed business combination with Orla Mining Ltd. (“Orla”), announced on June 13, 2022 (the “Transaction”).
M&A Insights
Based on deal dataIntegration timeline
70% of M&A integrations take 12-24 months to complete
Tech stack consolidation
83% of merged companies consolidate technology vendors within first year
Post-acquisition investment
Companies increase IT spending by 23% on average after acquisitions
Success factor
M&A deals with strong technology integration plans are 2.5x more likely to succeed