NEWS! KABOOM !!! ancouver, British Columbia – TheNewswire - October 27, 2023 – Dixie Gold Inc. (TSXV:DG) (“Dixie Gold” or the “Corporation”) is pleased to announce that it has entered into an agreement (the “Agreement”) whereby it is contemplated that Dixie Gold will be acquired (the “Takeover Transaction”) by ASX-listed issuer Omnia Metals Group Ltd. (“Omnia”).
Under the negotiated Agreement, Omnia made binding terms to acquire 100% of the issued and outstanding common shares of Dixie Gold in exchange for 166,666,667 common shares of Omnia and a further C$3 million cash component (the “Consideration”).