GREY:BARRF - Post Discussion
Post by
glasrado on Dec 04, 2021 11:08am
Again.
Copaur Minerals to acquire New Placer Dome
2021-12-03 16:49 ET - News Release
Also News Release (C-NGLD) New Placer Dome Gold Corp
Mr. Jeremy Yaseniuk of Copaur reports
COPAUR MINERALS AND NEW PLACER DOME GOLD CORP. ANNOUNCE TRANSACTION TO COMBINE TO ADVANCE PROPERTIES IN NEVADA AND BRITISH COLUMBIA
Copaur Minerals Inc. and New Placer Dome Gold Corp. have executed a binding letter agreement dated Nov. 30, 2021, pursuant to which Copaur Minerals will acquire all of the issued and outstanding common shares of New Placer Dome in an arm's-length transaction. The combination of Copaur Minerals and New Placer Dome will create a leading gold-copper exploration and development company with a portfolio of assets in two of North America's foremost mining districts, the Toodoggon/Golden Horseshoe mineral district of northeastern British Columbia and the Great Basin gold district of Nevada. The purpose of this transaction is to bring together a combination of technical expertise, leadership and financing capability. The combined company will have a stable platform for future growth. The management and advisers of the combined company have recently demonstrated the ability to create significant shareholder value by rapidly advancing projects and raising capital.
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