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Resource Capital Gold Corp GDPEF

Metals & Mining Gold Industrial Metals & Minerals
RF Capital Group Inc is a financial services firm. The company's operating segment includes Wealth Management and Corporate. It generates maximum revenue from the Wealth Management segment. The operations segment provides carrying broker services to third parties, including trade execution, clearing, and settlement services.


GREY:GDPEF - Post by User

Resource Capital Gold Corp > hypothetical RCG+ANX merger
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Comment by LeftBookon Apr 17, 2019 4:24pm
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Post# 29640612

RE:RE:RE:RE:hypothetical RCG+ANX merger

RE:RE:RE:RE:hypothetical RCG+ANX merger
therager,

The new lien would be against the RCG properties not against the ANX properties. (The new credit facility would be used to pay off the older credit facilty)

The difference between RCG's current situation and a ANX+RCG merger is that RCG has no way to exercise it's substantial tax credits.

Unlocking the tax credits would pay off the new RCG related credit facility.

ANX's near term operations would not affected in a material way unless ANX's current mining operations stopped. Yes. That is a risk.



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