Alicanto Minerals (ASX:AQI) said its shareholders approved its acquisition of the Mt Henry gold project in Western Australia from Westgold Resources (ASX:WGX) at a general meeting on Jan. 30, according to a Monday Australian bourse filing.
The acquisition is expected to be completed by mid-February, and it will also see Westgold take up a 19.9% shareholding in Alicanto.
In the same filing, the company said Jeff Sansom started as chief executive, effective Monday. In addition, Ray Shorrocks transitioned from interim executive chairman to non-executive chairman.