CSE:CSR - Post Discussion
Post by
Betteryear2 on Sep 11, 2024 2:02pm
Copper Standard and Pucara Announce Business Combination
Vancouver, British Columbia--(Newsfile Corp. - September 11, 2024) - Copper Standard Resources Inc. (CSE: CSR) ("Copper Standard") and Pucara Gold Ltd. (TSXV: TORO) (BVL: TORO) ("Pucara") are pleased to announce that they have entered into an arrangement agreement on September 10, 2024 (the "Arrangement Agreement"), pursuant to which Copper Standard will acquire all of the issued and outstanding common shares of Pucara (the "Pucara Shares"), in exchange for common shares of Copper Standard (the "Copper Standard Shares"), by way of a plan of arrangement (the "Transaction"). The Transaction will create a combined company that consolidates a prospective copper exploration portfolio totaling over 17,000 hectares in Peru. Further details of the Transaction are outlined below. Copper Standard and Pucara Announce Business Combination to Create the Next Americas Focused Copper-Gold Exploration Company (newsfilecorp.com)
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