King River Resources Ltd T.KRR.W

Primary Symbol: KRCLF

Metals & Mining Industrial Metals & Minerals

King River Resources Limited is an Australia-based exploration and mining company. The Company operates through two segments: ARC High Purity Alumina (HPA), and Exploration and Evaluation. ARC HPA Project segment develops the ARC HPA process and precursor compound to produce HPA. Exploration and Evaluation segment is engaged in exploration and evaluation activities of its gold projects in Australia. The Company’s projects include Rover East Project, Tennant Creek East Project, Barkly Project, Mt Remarkable Project and Kurundi Project. The Mt Remarkable Project is located 200km southwest of Kununurra in the East Kimberley, Western Australia and covers over 2,100 square kilometers of adjacent and/or nearby granted exploration licenses. The Tennant Creek Project is located to the East, Southeast and South of the rich historic goldfields of Tennant Creek comprising gold-copper exploration leases and applications measuring some 6,000 square kilometers.

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King River Resources Ltd > KL Gold and Agnico Eagle Merger

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Comment by Lemboyon Sep 28, 2021 6:54pm

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Post# 33934834

RE:KL Gold and Agnico Eagle Merger

Isl722 wrote: With the berger, the new company will have about 2.5 billion in cash. At today's prices they could pick up KRR for about.5 billion.

According to balance sheet as of the end of Q2 2021 AEM had $277M cash and long term debt of $1.441B so it was net negative (-$1.164B). KL had no debt and $858M in cash so total it would have $1.135B in US dollars = $1.430B CAD not $2.5B as stated IsL722.

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Advancing flagship Ishkõday Gold Project in Ontario