"... Sabre Gold will be a near-term gold producing company🌎 "... Sabre Gold will be a near-term gold producing company with two projects in the pipeline that have a combined 1.1 million oz of gold in the measured and indicated resource categories, 1.5 million oz in the inferred category, and exploration upside at both properties.
The merged company will also benefit from a combined treasury of around C$23 million and a stronger management and technical team, with backgrounds in both mine-building and operations.
"The combined company will provide for stronger peer positioning amongst gold producers as we advance Copperstone to production in the very near term, and continue to advance Brewery Creek towards a re-start decision," said Bonifacio, who will assume the role of president and CEO of Sabre Gold.
Sheriff will serve as non-executive chairman of the Saber Gold board, which is expected to include three representatives from each Golden Predator and Arizona.
The merger agreement has been unanimously approved by the current directors of both companies.
In addition to board member recommendations, certain shareholders have indicated support to vote in favor of the transaction, including Eric Sprott, who is a shareholder of both Golden Predator and Arizona.
https://www.miningnewsnorth.com/story/2021/07/02/news/yukon-and-arizona-gold-juniors-plan-merger/6872.html
https://thedeepdive.ca/arizona-gold-announces-merger-with-golden-predator-to-create-sabre-gold-corp/