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Monarch Gold Corporation T.MQR

Monarch Gold Corp is a Canada-based exploration-stage company. It is engaged in the acquisition and exploration of gold mining properties. Its main activities are located in the province of Quebec, Canada. The corporation holds an interest in gold properties including the Beaufor Mine, Camflo Mill, Croinor Property, Beacon Mill, Wasamac, and McKenzie Break among others.


TSX:MQR - Post by User

Comment by locomocoon Nov 03, 2020 12:11pm
142 Views
Post# 31830024

RE:RE:RE:RE:RE:RE:Monarch Gold Announces Friendly Acquisition Agreement With Y

RE:RE:RE:RE:RE:RE:Monarch Gold Announces Friendly Acquisition Agreement With Y

Add to the fact that Spinco will own 1.3 percent or Yamana which is approximately $90M which is huge upside value along with $14M in cash, Beaufor mine restart to produce 25K ounces of gold per year and Beacon mill. How many miners can start off from a strong footing like this with all these assets and a low float?


https://www.mining.com/yamana-gold-to-acquire-monarch-in-114-million-deal/

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