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Go Metals Corp. C.GOCO

Alternate Symbol(s):  GOCOF

Go Metals Corp is an exploration company engaged in development of mineral resource properties in Canada. It has an interest in a number of mineral claims located in the Yukon Territory and Quebec. The companies 100% owned properties include the Monster IOCG Property, HSP Nickel Property and the Barachois Vanadium Property.


CSE:GOCO - Post by User

Comment by HRc60to65on Oct 02, 2022 10:45am
117 Views
Post# 35000138

RE:RE:A fair comparison

RE:RE:A fair comparisonNi price 4.23$/lb in 2007

In 2007, Lundin Mining offer 1B$ for all assets of 
Rio Narcea Gold Mines including the MINE AQUA BLANCA IN SPAIN

VANCOUVER, BRITISH COLUMBIA–(Marketwire - Aug. 22, 2007) - Lundin Mining Corporation (TSX:LUN)(OMX:LUMI)(AMEX:LMC) (“Lundin Mining” or the “Company”) is pleased to announce that as of August 20, 2007, the final day of its amended offer to acquire all of the shares and warrants of Rio Narcea Gold Mines, Ltd. (“Rio Narcea”), 158,018,283 shares of Rio Narcea, representing approximately 93.1% of the Rio Narcea shares outstanding, had been tendered to Lundin Mining’s amended offer, announced on July 17, 2007. In addition, 20,099,020 share purchase warrants had been deposited to the amended offer. In combination, the shares and warrants tendered under the offer total approximately 92.9% of the fully diluted shares outstanding. Under the terms of the amended offer, Rio Narcea shareholders and warrant holders will receive Cdn$5.50 for each share and Cdn $1.04 for each warrant tendered to the bid.
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