Big Ridge Gold Corp V.BRAU

Alternate Symbol(s): ALVLF

Metals & Mining Gold

Big Ridge Gold Corp. is a Canada-based exploration and development company. The Company owns a 100% interest in the prospective Oxford Gold Project located in Manitoba and the Destiny Gold Project in Quebec. It is the operator of the Hope Brook Gold Project located in Newfoundland and Labrador. The Company owns 51% of the Hope Brook Gold Project and has an option to earn up to 80%. The Oxford Gold Project is located in central Manitoba, approximately 150 kilometers (km) southeast of Thompson. The project includes 17 contiguous mineral claims and three mineral exploration licenses which combined cover approximately 35,992 hectares (ha). The Destiny Gold Project is located in Despinassay Township, a road 100 km northeast of Val d’Or. The Destiny Gold Project has about 127 mineral claims totaling 5,013 ha. The Hope Brook Gold Project is an advanced stage, high-grade gold project. Hope Brook is located 85 km east of Port aux Basques, Newfoundland.

TSXV:BRAU - Post by User

Big Ridge Gold Corp

Bullboard Posts

Comment by avenuemanon May 09, 2020 9:58am

281 Views

Post# 31006630

RE:"DIVIDEND".... (nice) What did I miss?

As i read it, one company NEW ATV will hold the resource assets ie an exploration play and the other New Empress will hold the royalties on the New ATV resource assets and also other marketable securities that were owned by ATV . You get a "dividend" of New Empress shares. Now you own shares in an exploration company New ATV and a "royalty" company New Empress. That is the way i read it ?

Bullboard Posts

Rig Count Soars as Utilization Surpasses Industry Averages