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Goldsource Mines Inc V.GXS

Alternate Symbol(s):  GXSFF

Metals & Mining Gold
Goldsource Mines Inc. is a Canada-based resource company, which is engaged in exploration activities. The Company is focused on the Eagle Mountain Gold Project (Eagle Mountain) for which it has a 100% interest in the Eagle Mountain Prospecting License (EMPL) and the Kilroy Mining Permit (collectively, the Property). The Property is located approximately seven kilometers (km) south of Mahdia Township (population approximately 3000). Mahdia Township can be accessed by road from Georgetown, a driving distance of approximately 325 km, or via air by a commercial flight. The Property consists of an area of approximately 5,050 hectares (ha) (12,480 acres) in central Guyana, South America. 4,784 hectares (11,820 acres) of the Eagle Mountain Property relate to the EMPL while 266 ha (660 acres) relate to the Medium Scale Mining Permit held by Kilroy Mining Inc. (Kilroy), on which the Company has a long-term lease with a 2% net smelter return royalty.


TSXV:GXS - Post by User

Goldsource Mines Inc > Mako Mining to Acquire Goldsource Mines
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Post by Betteryear2on Mar 26, 2024 7:16am
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Post# 35952388

Mako Mining to Acquire Goldsource Mines

Mako Mining to Acquire Goldsource MinesVancouver, British Columbia--(Newsfile Corp. - March 26, 2024) - Mako Mining Corp. (TSXV: MKO) (OTCQX: MAKOF) ("Mako") and Goldsource Mines Inc. (TSXV: GXS) (OTCQX: GXSFF) ("Goldsource") are pleased to announce that they have entered into an arrangement agreement (the "Arrangement Agreement"), pursuant to which Mako will acquire all of the issued and outstanding common shares of Goldsource (the "Goldsource Shares"), in exchange for common shares of Mako (the "Mako Shares"), by way of a plan of arrangement (the "Transaction").

Mako Mining to Acquire Goldsource Mines Creating a Scalable Diversified Gold Producer with a Platform for Growth (newsfilecorp.com)
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