interest from multiple third partiesFinally something going to happen??
2019-11-26 08:55 ET - News Release
Ms. Jennifer Boyle reports
CANACCORD GENUITY ENGAGED AS FINANCIAL ADVISOR
In response to interest received from multiple third parties, Satori Resources Inc.'s board of directors has commenced a process to explore strategic alternatives in order to maximize shareholder value. The company has therefore engaged Canaccord Genuity Corp. as its financial adviser in connection with this process. Canaccord is an independent, global, full-service investment bank, and has significant experience and exposure to the mining sector, which will be instrumental in these efforts.
Pete Shippen, chairman, states: "Our board of directors has determined that it is prudent to undertake this review with the objective of identifying the best strategy to maximizing shareholder value. We look forward to working closely with Canaccord and believe that their expertise in mining and their global reach make them ideally positioned to assist the company in this regard."
To date, there has been no decision to enter into an agreement with any third party, and there can be no assurance that a transaction may be completed through this process.