Blue Thunder to acquire Analog Gold in RTOThis all sounds very good:
Blue Thunder to acquire Analog Gold in RTO
2023-01-30 14:32 ET - News Release
Mr. Chad Williams reports
BLUE THUNDER MINING INC. TO COMBINE WITH ANALOG GOLD INC.
Blue Thunder Mining Inc. has signed a binding letter of intent (LOI) with Analog Gold Inc. which sets out the basic terms and conditions pursuant to which the company will acquire all of the issued and outstanding shares of Analog in exchange for common shares of the company. Pursuant to the terms of the LOI, the Company will issue sufficient Blue Thunder Shares such that the transaction will constitute a Reverse Takeover ("RTO") under the rules of the TSX Venture Exchange (the "Exchange"). The RTO is arm's length and there is no finder's fee associated with the transaction.
Chad Williams, the Company's Non-Executive Chairman, said, "We are excited to enter into this business combination with Analog at a valuation that is appealing to Blue Thunder (terms described below). Importantly, Analog is on the cusp of mine production of gold, silver, and other metals. We also see a great deal of exploration potential in Analog's multiple well-situated Mexico projects. In addition, we expect that this transaction will allow us to continue to unlock the value that we believe is present in our prospective Muus claims located adjacent to, and on trend with, the multi-million-ounce Nelligan gold deposit."
https://www.stockwatch.com/News/Item/Z-C!BLUE-3359040/C/BLUE