US Gold Corp. (UXG) and Minera Andes (MAI.TO) Get Stockholder Approval to Merge
US Gold Corp. is a gold and silver exploration company with an emphasis on the Americas. The company is advancing its El Gallo silver and gold project in Mexico, and its Gold bar gold project in Nevada. It has a strong treasury with about $100 million cash along with gold and silver bullion. Both US Gold and Minera Andes announced today that at each of their respective shareholders meetings on January 19, 2012, stockholders voted in favor of the proposed merger of the two companies. Minera Andes is an explorer of gold, silver and copper in Argentina. Under the previously…