OTCQX:DMMIF - Post by User
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robnhoodon Mar 11, 2019 10:12am
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pp itan Minerals and Core Gold Amend Arrangement Agreement and Announce US$3,000,000 Non-Brokered Private Placement of Core Shares at a Premium
By GlobeNewswire, March 11, 2019, 04:05:00 AM EDT
PERTH, Australia and VANCOUVER, British Columbia, March 11, 2019 (GLOBE NEWSWIRE) -- Titan Minerals Limited (ASX:TTM) ("Titan") and Core Gold Inc. (TSX-V: CGLD, OTCQX: CGLDF) ("Core Gold") are pleased to announce that the companies have entered into an amending agreement (the "Amending Agreement") to amend the terms of the previously announced arrangement agreement (the "Arrangement Agreement") between them pursuant to which Titan will acquire all of the issued and outstanding Core Gold common shares by way of a share exchange (the "Merger"). The Merger will be affected by means of a statutory plan of arrangement (the "Arrangement") under the Business Corporations Act (British Columbia).