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Bullboard - Stock Discussion Forum Battle North Gold Corporation T.BNAU

Battle North Gold Corp is an exploration company focused on gold mining. The company's projects include Bateman Gold Project, Red Lake Properties, Nevada Properties, and others.

TSX:BNAU - Post Discussion

Battle North Gold Corporation > Battle North Gold to be acquired by Evolution Mining
View:
Post by GoldFisher22 on Mar 14, 2021 5:51pm

Battle North Gold to be acquired by Evolution Mining

at a price of C$2.65 per common share in cash (the "Consideration"), for total consideration for all issued and outstanding shares pursuant to the Transaction of approximately C$343 million.


https://battlenorthgold.com/investors-and-news/press-releases/press-releases-details/2021/Battle-North-Gold-Corporation-to-be-Acquired-by-Evolution-Mining-Limited/default.aspx

Details on website.
Comment by fozzie88 on Mar 14, 2021 6:08pm
I was looking for a bit more, but c'est la vie...meow!
Comment by Kewl002 on Mar 15, 2021 3:10pm
According to the George Ogilvy interview of last week -- there are 3 or 4 drill holes in the exploration portion of the property that have been completed and sent for assay to the lab.  I do hope that the company puts a rush on these assays and posts the results BEFORE any meeting is held to approve the sale to evolution. BNAU company shares are primarily held by institutions and back of the ...more  
Comment by 5oceans on Mar 15, 2021 4:01pm
Yep... you got it right, that is one way of looking at it; that, in conjunction with other calculations and scenarios put together by ghe two boards got this king of deal. At least they could've sold it to a canadian listed company or made a request condition for a listing in canada so that we retail could play it. NO... ... ! they thought of themselves - as usual.
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