TSX:SGR.UN - Post by User
Comment by
HRc60to65on Jul 24, 2014 12:54pm
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Post# 22778400
RE:San Gold Corp and Kerr Mines Inc Enter into Letter of Intent
RE:San Gold Corp and Kerr Mines Inc Enter into Letter of IntentMany shares of San Gold for each share of Kerr !
Under the terms of the Letter of Intent, each Kerr Mines shareholder will be entitled to receive a number of common shares (each, a "San Gold Share") of San Gold for every common share of Kerr Mines (each, a "Kerr Mines Share") held by such Kerr Mines shareholder based on an exchange ratio (the "Exchange Ratio") to be determined by the parties at a later date.
Read more at https://www.stockhouse.com/companies/bullboard/t.sgr/san-gold-corporation#WYGlI1V8xBRvE7rq.99