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ASA Gold and Precious Metals Ltd C.ASA


Primary Symbol: ASA

ASA Gold and Precious Metals Limited is a non-diversified, closed-end investment company. The Company's investment objective is long-term capital appreciation primarily through investing in companies engaged in the exploration for, development of projects or mining of precious metals and minerals. The Company invests approximately 80% of its total assets in common shares or securities convertible into common shares of companies engaged, directly or indirectly, in the exploration, mining or processing of gold, silver, platinum, diamonds or other precious minerals; held as bullion or other direct forms of gold, silver, platinum or other precious minerals; in instruments representing interests in gold, silver, platinum or other precious minerals, and/or in securities of investment companies, including exchange traded funds, or other securities. The Company’s investment adviser is Merk Investments LLC.


NYSE:ASA - Post by User

Post by Powerdomeon Jul 17, 2019 9:19am
103 Views
Post# 29928862

From the CC yesterday, an explanation of the acquisition

From the CC yesterday, an explanation of the acquisition “ This agreement was entered into under our former board at a very different stage in the Company’s development. And as the company grew and we prepared to list on the TSX Venture exchange, this agreement was no longer in the best interest of the Company or its shareholders. This contract had no bearing on our ability to drive shareholder value and future shareholder return on invested capital.”
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