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Big Ridge Gold Corp ALVLF


Primary Symbol: V.BRAU

Metals & Mining Gold
Big Ridge Gold Corp. is a Canada-based gold exploration company. The Company owns and operates gold exploration projects in Newfoundland, Manitoba, and Quebec. The Company’s projects include Hope Brook Gold Project, Oxford Gold and Destiny Gold Project. The Hope Brook Gold project is located on the Southwest coast of the island of Newfoundland, in the Province of Newfoundland and Labrador, Canada. The property hosts the Hope Brook deposit that consists of the Main Zone and 240 Zone. The Oxford Gold project is in central Manitoba, approximately 150 kilometres (km) southeast of Thompson. Oxford Gold and Destiny Property includes 17 contiguous mineral claims and three Mineral Exploration Licenses which combined cover approximately 35,992 hectares (ha). The Destiny Gold Project is located in the Despinassay Township, a road 100 km northeast of Val d’Or. The property is accessible by provincial highway 397 which passes through the property.


TSXV:BRAU - Post by User

Big Ridge Gold Corp > Big Ridge Gold to Acquire Gold Island Inc.
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Post by Betteryear2on Jul 17, 2023 7:31am
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Post# 35543686

Big Ridge Gold to Acquire Gold Island Inc.

Big Ridge Gold to Acquire Gold Island Inc.Toronto, Ontario--(Newsfile Corp. - July 17, 2023) - Big Ridge Gold Corp. (TSXV: BRAU) ("Big Ridge" or the "Company") and Gold Island Inc., a private company ("Gold Island") are pleased to announce that they have entered into a business combination agreement, July 17th, 2023, (the "Business Combination Agreement") pursuant to which Big Ridge will acquire 100% of the issued and outstanding common shares of Gold Island (the "Transaction"). Under the Transaction, Gold Island shareholders will receive 0.8 of one Big Ridge common share for each Gold Island common share held (the "Exchange Ratio"). The Transaction will be effected by way of a three-cornered amalgamation under the Business Corporations Act (Ontario).

Big Ridge Gold to Acquire Gold Island Inc. Creating a Premier Newfoundland Based Exploration Company with Significant Defined Gold & Copper Resources and Extensive Exploration Portfolio Backed by Leading Strategic Resource Investors (newsfilecorp.com)
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