TMAC Resources Inc. T.TMR

Metals & Mining Industrial Metals & Minerals

TMAC Resources Inc is an industrial metals and materials company. The business acquires, explores, and evaluates mineral properties. Its lone business segment is Mining; this segment is engaged in the exploration and development of precious metal resources, primarily gold. The company generates the vast majority of its revenue in Canada. TMAC Resources' primary mine is located in Hope Bay, in the Kitikmeot region of the western Nunavut Territory. TMAC mines for gold resources and inferred minera

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TMAC Resources Inc. > Agnico Eagle To Acquire TMAC Resources For $2.20 Per Share

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Comment by riverrrowon Jan 05, 2021 9:21am

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Post# 32222602

RE:Agnico Eagle To Acquire TMAC Resources For $2.20 Per Share

Is there any chance of a competing, higher bid, or are the controlling shareholders locked into this deal? I skimmed the news release but didn't notice any mention of breakup fees. While I'm grateful for the $2.20 offer I still think $3 is realistic.

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Advancing flagship Ishkõday Gold Project in Ontario