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Scottie Resources Corp V.SCOT

Alternate Symbol(s):  SCTSF

Scottie Resources Corp. is a Canada-based exploration stage company engaged in the exploration and evaluation of gold and silver properties located in the Golden Triangle of British Columbia, Canada. The Company's projects include Scottie Gold Mine Project, Cambria Project and Georgia Project. It owns a 100% interest in the Scottie Gold Mine Property which includes the Blueberry Contact Zone and the high-grade, past-producing Scottie Gold Mine. The Scottie Gold Mine Project consists of approximately 20 mineral claims and 14 Crown granted claims for a total area of 8,534 hectares. It also owns 100% interest in the Georgia Project which contains the high-grade past-producing Georgia River Mine, as well as the Cambria Project properties and the Sulu and Tide North properties. The 17,625-hectare high-grade gold Georgia Project is centered on the past-producing Georgia River Mine. It altogether holds around 58,500 hectares of mineral claims in the Stewart Mining Camp in the Golden Triangle.


TSXV:SCOT - Post by User

Post by AwareInvestoron Apr 19, 2021 3:12pm
281 Views
Post# 33023259

Scottie Resources – AUX Resources: A Strategic Combination f

Scottie Resources – AUX Resources: A Strategic Combination f
On April 12, Scottie Resources Corp. agreed to acquire AUX Resources Corporation in an essentially no-premium share-for-share exchange. Each share of AUX will be exchanged for one share of Scottie. Both Scottie Resources and AUX Resources are exploration-stage junior miners in the Stewart Mining Camp in British Columbia’s Golden Triangle, one of the world’s most prolific mineralized districts. 
 
The transaction is expected to close in June 2021, shortly after an AUX shareholder vote. AUX shareholders will own approximately 31% of the combined entity.

https://thedeepdive.ca/scottie-resources-aux-resources-a-strategic-combination-for-both-shareholder-bases/
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