Northern Superior Announces Receipt of Interim Court Order and Mailing of Management Information Circular
Northern Superior Resources (OTCQB: NSUPF / TSXV: SUP) filed and is mailing a management information circular for a special shareholders meeting to be held virtually on December 10, 2025 at 10:00 a.m. PT.
The meeting seeks shareholder approval of a statutory plan of arrangement with IAMGOLD (NYSE: IAG / TSX: IMG) dated October 19, 2025 that would:
- transfer all issued Company shares to IAMGOLD for 0.0991 IAMGOLD share plus $0.19 cash per Company share, and
- distribute the Company’s ONGold shares to Northern Superior shareholders.
Northern Superior received an interim order from the Supreme Court of British Columbia on November 10, 2025 authorizing the meeting. The Arrangement is expected to close in the weeks following the meeting, subject to shareholder approval, a final court order and stock exchange approvals.
Northern Superior Resources (OTCQB: NSUPF / TSXV: SUP) ha presentato e sta inviando una circolare informativa per la gestione per una riunione speciale degli azionisti che si terrà virtualmente il 10 dicembre 2025 alle 10:00 PDT.
La riunione richiede l'approvazione degli azionisti di un piano statutario di riassetto con IAMGOLD (NYSE: IAG / TSX: IMG) datato 19 ottobre 2025 che prevedrebbe:
- trasferire tutte le azioni emesse della società a IAMGOLD per 0,0991 azioni IAMGOLD più 0,19 $ in contanti per ogni azione della società, e
- emettere le azioni ONGold della società agli azionisti di Northern Superior.
Northern Superior ha ottenuto un provvedimento provvisorio dalla Corte suprema della Columbia Britannica il 10 novembre 2025 che autorizza la riunione. L'adeguamento è previsto chiudersi nelle settimane successive all'incontro, soggetto all'approvazione degli azionisti, a un'ordinanza finale della corte e alle approvazioni delle borse valori.
Northern Superior Resources (OTCQB: NSUPF / TSXV: SUP) presentó y está enviando una circulares informativas de gestión para una reunión especial de accionistas que se celebrará virtualmente el 10 de diciembre de 2025 a las 10:00 a.m. PT.
La reunión busca la aprobación de los accionistas de un plan estatutario de reestructuración con IAMGOLD (NYSE: IAG / TSX: IMG) con fecha del 19 de octubre de 2025 que permitiría:
- transferir todas las acciones emitidas de la Compañía a IAMGOLD por 0.0991 acción IAMGOLD más 0.19 USD en efectivo por acción de la Compañía, y
- distribuir las acciones ONGold de la Compañía entre los accionistas de Northern Superior.
Northern Superior recibió una orden interina del Supreme Court de British Columbia el 10 de noviembre de 2025 que autoriza la reunión. Se espera que el Acuerdo se cierre en las semanas posteriores a la reunión, sujeto a la aprobación de los accionistas, a una orden final de la corte y a las aprobaciones de las bolsas.
Northern Superior Resources (OTCQB: NSUPF / TSXV: SUP) 은 특별 주주총회를 위해 경영정보 순환문을 발송 중이며 가상으로 2025년 12월 10일 10:00 a.m. PT에 개최됩니다.
회의의 목적은 IAMGOLD(NYSE: IAG / TSX: IMG)과 체결한 2025년 10월 19일 날짜의 법정 합병계획에 대한 주주 승인을 얻는 것으로, 이는 다음을 포함합니다:
- 회사의 모든 발행주를 IAMGOLD에 0.0991 IAMGOLD 주식과 주당 0.19 USD 현금으로 교환하고,
- 회사의 ONGold 주식을 Northern Superior 주주들에게 배분합니다.
Northern Superior는 2025년 11월 10일에 열린 BC 최고재판소로부터 회의를 허가하는 임시 명령을 받았습니다. 합병은 회의 후 몇 주 이내에 마무리될 것으로 예상되며, 주주 승인, 최종 법원 명령 및 증권거래소의 승인을 조건으로 합니다.
Northern Superior Resources (OTCQB: NSUPF / TSXV: SUP) a déposé et envoie une circulaire d'informations de gestion pour une assemblée extraordinaire des actionnaires qui se tiendra virtuellement le 10 décembre 2025 à 10h00 PT.
La réunion vise l'approbation par les actionnaires d'un plan statutaire d'arrangement avec IAMGOLD (NYSE: IAG / TSX: IMG) daté du 19 octobre 2025 qui prévoirait:
- transférer toutes les actions émises de la Société à IAMGOLD pour 0,0991 action IAMGOLD plus 0,19 USD en espèces par action de la Société, et
- distribuer les actions ONGold de la Société aux actionnaires de Northern Superior.
Northern Superior a reçu une ordonnance intérimaire du Supreme Court of British Columbia le 10 novembre 2025 autorisant la réunion. L'arrangement devrait être finalisé dans les semaines suivant la réunion, sous réserve de l'approbation des actionnaires, d'une ordonnance finale du tribunal et des approbations des bourses.
Northern Superior Resources (OTCQB: NSUPF / TSXV: SUP) hat eine Managementinformationszirkular eingereicht und verschickt eine Verwaltungsinformationszirkular für eine außerordentliche Hauptversammlung der Aktionäre, die virtuell am 10. Dezember 2025 um 10:00 Uhr PT stattfinden wird.
Die Versammlung bittet um die Zustimmung der Aktionäre zu einem statutären Umsetzungsplan mit IAMGOLD (NYSE: IAG / TSX: IMG), datiert vom 19. Oktober 2025, der Folgendes vorsieht:
- Alle ausgegebenen Aktien der Gesellschaft an IAMGOLD gegen 0,0991 IAMGOLD-Aktien zuzüglich 0,19 USD in bar pro Aktie der Gesellschaft zu übertragen, und
- die ONGold-Aktien der Gesellschaft an die Northern Superior-Aktionäre zu verteilen.
Northern Superior erhielt am 10. November 2025 vom Supreme Court of British Columbia eine vorläufige Anordnung, die die Versammlung ermöglicht. Die Umsetzung wird voraussichtlich in den Wochen nach der Versammlung abgeschlossen, vorbehaltlich der Zustimmung der Aktionäre, einer endgültigen gerichtlichen Anordnung und Zulassungen der Börsen.
Northern Superior Resources (OTCQB: NSUPF / TSXV: SUP) قدمت وتقوم بإرسال دائرة معلومات الإدارة لاجتماع خاص للمساهمين سيُعقد افتراضيًا في 10 ديسمبر 2025 الساعة 10:00 صباحًا بتوقيت المحيط الهادئ.
يسعى الاجتماع إلى موافقة المساهمين على خطة ترتيب قانونية مع IAMGOLD (NYSE: IAG / TSX: IMG) المؤرخة في 19 أكتوبر 2025 والتي ستتضمن:
- نقل جميع أسهم الشركة القائمة إلى IAMGOLD مقابل 0.0991 سهم IAMGOLD بالإضافة إلى 0.19 دولار نقدًا لكل سهم من الشركة، و
- توزيع أسهم ONGold للشركة على مساهمي Northern Superior.
تلقت Northern Superior أمرًا مؤقتًا من المحكمة العليا لبريتيش كولومبيا في 10 نوفمبر 2025 يجيز الاجتماع. من المتوقع إتمام الترتيب خلال الأسابيع التالية للاجتماع، رهناً بموافقة المساهمين، وأمر المحكمة النهائي، وموافقات البورصات.
- Consideration: 0.0991 IAMGOLD share plus $0.19 cash per NSUPF share
- Distribution of ONGold shares directly to NSUPF shareholders
- Interim court order received on November 10, 2025 authorizing the meeting
- Arrangement requires shareholder approval at the December 10, 2025 meeting
- Closing subject to a final court order and stock exchange approvals
- Timing uncertain: closing expected only in the weeks following the meeting
TORONTO, ON / ACCESS Newswire / November 17, 2025 / Northern Superior Resources Inc. ("Northern Superior" or the "Company") (TSXV:SUP)(OTCQB:NSUPF)(GR:D9M1) is pleased to announce that it has filed and is in the process of mailing its management information circular (the "Circular") and related materials in connection with its upcoming special meeting of shareholders (the "Shareholders") to be held on December 10, 2025 (the "Meeting"). The purpose of the Meeting is to seek approval for the previously announced statutory plan of arrangement (the "Arrangement") under Division 5 of Part 9 of the Business Corporations Act (British Columbia), the purpose of which is to effect, among other things, (i) the acquisition of all of the issued and outstanding common shares of the Company (the "Company Shares") by IAMGOLD Corporation ("IAMGOLD") (NYSE: IAG) (TSX: IMG) in exchange for a combination of 0.0991 of a common share of IAMGOLD and
In addition, Northern Superior is pleased to announce the receipt of an interim order (the "Interim Order") from the Supreme Court of British Columbia (the "Court") on November 10, 2025 in connection with the Arrangement. Among other things, the Interim Order authorizes Northern Superior to call, hold and conduct the Meeting.
The Meeting will be held virtually at 10:00 a.m. (Pacific time) on December 10, 2025 via live audio webcast at https://meetnow.global/MQCL9KL. All Shareholders who wish to attend the Meeting must follow the procedures set out in the Circular. Shareholders who are unable to attend the Meeting are strongly encouraged to complete, date, sign and return the form of proxy (in the case of registered Shareholders) or voting instruction form (in the case of non-registered Shareholders) provided with the meeting materials so that as many Shareholders as possible are represented and vote at the Meeting.
For any assistance with voting their proxies, Shareholders should contact Computershare Investor Services Inc., the depositary under the Arrangement and the Company's transfer agent, by telephone at 1-800-564-6253 (toll free in Canada and the United States) or 514-982-7555 (international direct dial).
Shareholders should receive the meeting materials by mail shortly. Shareholders are encouraged to access an electronic version of the meeting materials available under the Company's profile on SEDAR+ at www.sedarplus.ca. The Circular provides important information on the Arrangement and related matters, including the background to the Arrangement, the reasons for the recommendation made by the special committee and the board of directors of the Company, voting procedures and how to virtually attend the Meeting. Shareholders are urged to read the Circular carefully and in its entirety, and if assistance is required, to consult their financial, legal, tax or other professional advisors.
The Arrangement is expected to close in the weeks following the Meeting, subject to the receipt of the required approvals from the Shareholders at the Meeting as well as the satisfaction of other customary closing conditions including the issuance of a final order by the Court and stock exchange approvals.
About Northern Superior Resources Inc.
Northern Superior is a gold exploration company focused on the Chibougamau Camp in Québec, Canada. The Company has consolidated the largest land package in the region, with total landholdings currently exceeding 70,000 hectares. The main properties include Philibert, Hazeur (adjacent to Philibert), Lac Surprise (adjacent to Nelligan), Chevrier, Croteau, Monster Lake East, and Monster Lake West. Northern Superior also owns
Northern Superior is a reporting issuer in British Columbia, Alberta, Ontario and Québec, and trades on the TSX Venture Exchange under the symbol SUP and the OTCQB Venture Market under the symbol NSUPF. For further information, please refer to the Company's website at www.nsuperior.com or the Company's profile on SEDAR+ at www.sedarplus.ca.
About IAMGOLD
IAMGOLD is an intermediate gold producer and developer based in Canada with operating mines in North America and West Africa, including Côté Gold (Canada), Westwood (Canada) and Essakane (Burkina Faso). The Côté Gold Mine achieved full nameplate in June 2025 and has the potential to be among the largest gold mines in Canada. IAMGOLD operates Côté in partnership with Sumitomo Metal Mining Co. Ltd. In addition, IAMGOLD has an established portfolio of early stage and advanced exploration projects within high potential mining districts. IAMGOLD employs approximately 3,700 people and is committed to maintaining its culture of accountable mining through high standards of Environmental, Social and Governance practices. IAMGOLD is listed on the New York Stock Exchange (NYSE:IAG) and the Toronto Stock Exchange (TSX:IMG).
Northern Superior Resources Inc. on Behalf of the Board of Directors
Simon Marcotte, CFA, President and Chief Executive Officer
Contact Information
Katrina Damouni
Director - Corporate Development
Tel: +44 7795 128583 (Mobile/WhatsApp)
info@nsuperior.com
Forward-Looking Information
This release contains certain "forward-looking information" as within the meaning of applicable Canadian securities laws. Forward-looking information can generally be identified by the use of forward-looking terminology such as "may", "will", "should", "expect", "intend", "estimate", "anticipate", "believe", "continue", "plans" or similar terminology. The forward-looking information contained herein is provided for the purpose of assisting readers in understanding management's current expectations and plans relating to the future. Readers are cautioned that such information may not be appropriate for other purposes.
Forward-looking statements relate to future events or future performance and reflect the Company's expectations or beliefs regarding future events. Forward-looking statements include, but are not limited to statements relating to the Arrangement, the completion of the mailing of the meeting materials, the ability to complete the Arrangement and the timing thereof, including the parties' ability to satisfy the conditions to the consummation of the Arrangement, the receipt of the required shareholder approvals, Court approval and other customary closing conditions, and other statements that are not historical facts. By their very nature, forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause our actual results, performance or achievements to be materially different from any future results, performance or achievements expressed or implied by the forward-looking statements. Such factors include, amongst others, risks related to failure to receive approval by shareholders of the Company, the required Court, stock exchange and other consents and approvals to effect the Arrangement, the potential of a third party making a superior proposal with respect to the Company and the possibility that the Agreement could be terminated under certain circumstances.
Forward-looking information are based on management's reasonable assumptions, estimates, expectations, analyses and opinions, which are based on such management's experience and perception of trends, current conditions and expected developments, and other factors that management believes are relevant and reasonable in the circumstances, but which may prove to be incorrect. Such factors, among other things, include: business integration risks; fluctuations in general macroeconomic conditions; fluctuations in securities markets; fluctuations in spot and forward prices of gold or certain other commodities; change in national and local governments, legislation, taxation, controls, regulations and political or economic developments; risks and hazards associated with the business of mineral exploration, development and mining (including environmental hazards, industrial accidents, unusual or unexpected formations pressures, cave-ins and flooding); discrepancies between actual and estimated metallurgical recoveries; inability to obtain adequate insurance to cover risks and hazards; the presence of laws and regulations that may impose restrictions on mining; employee relations; relationships with and claims by local communities and indigenous populations; availability of increasing costs associated with mining inputs and labour; the speculative nature of mineral exploration and development (including the risks of obtaining necessary licenses, permits and approvals from government authorities); and title to properties.
The Company undertakes no obligation to update forward-looking information except as required by applicable law. Such forward-looking information represents management's best judgment based on the information currently available. No forward-looking statement can be guaranteed and actual future results may vary materially. Accordingly, readers are advised not to place undue reliance on forward-looking statements or information.
The TSX Venture Exchange has in no way passed upon the merits of the Arrangement and has neither approved nor disapproved the contents of this news release. Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
SOURCE: Northern Superior Resources Inc.
View the original press release on ACCESS Newswire
FAQ
What consideration will NSUPF shareholders receive under the IAMGOLD arrangement?
When and how will NSUPF hold the shareholder meeting about the Arrangement?
Has Northern Superior received court approval to hold the December 10, 2025 NSUPF meeting?
What must occur for the NSUPF–IAMGOLD Arrangement to close after the December 10, 2025 vote?
How will NSUPF shareholders receive ONGold shares under the Arrangement?
Where can NSUPF shareholders find the management information circular and voting instructions?
