American Pacific Mining Corp C.USGD

Alternate Symbol(s): USGDF

American Pacific Mining Corp. is a precious and base metals explorer and developer focused on opportunities in the Western United States. It has two flagship assets: the Palmer Project and the Madison Project. The Palmer Project is a Volcanic Massive Sulfide (VMS) project in Alaska. The Palmer Project is located only 60 kilometers (km) from the deep seaport at Haines, Alaska. The Madison Project is located in the heart of Montana’s prolific copper-gold belt only 38 km southeast of the world-renowned Butte Mining District. The Project consists of approximately 136 unpatented and six patented claims (2,514 acres), accessed via improved dirt roads. Its other projects include Gooseberry, Tuscarora and Red Hill. The Gooseberry Project is located in Storey County, Nevada, United States. The Gooseberry Project includes 42 unpatented claims, totaling over 708 acres. The Red Hill is a sediment-hosted gold project located 24 kilometers southeast of the 12-million-ounce Cortez Hills gold deposit.

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American Pacific Mining Corp > Constantine's share price not reflecting acquistion?

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Post by bargainhunter6on Aug 16, 2022 9:33am

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Post# 34898959

Constantine's share price not reflecting acquistion?

I think this was a great pick up by American Pacific. The only thing that I can't figure out is Constantine's current share price. Did the announcement not state that Constantine would receive .881 of every American Pacific share and that it would receive a 48.6% premium over the last 20 VWAP?

Since APM"s share price is currently 0.54 CAD, that would imply Constantine's value would be ~0.47/sh. Am I missing something? At the very least, shouldn't Constantine's share price be 0.43 CAD?

https://ca.finance.yahoo.com/news/american-pacific-mining-acquire-constantine-120000442.html

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