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Probe Gold Inc (Pre-Merger) T.PRB

Alternate Symbol(s):  PROBF

Probe Gold Inc. is a Canadian gold exploration company focused on the acquisition, exploration, and development of highly prospective gold properties. The owns 100% of its flagship asset, the multimillion-ounce Novador Gold Project in Quebec, as well as an early-stage Detour Gold Quebec project. The Company holds a large land package of approximately 1685-square-kilometres of exploration ground within some of the prolific gold belts in Quebec. Its Casa Cameron Project includes the Casagosic, Sinclair-Bruneau and Florence properties, which are located north of the towns of La Sarre, Amos and Lebel-sur-Quevillon, northwest region in Quebec. It also holds three properties in the James Bay Lowlands area of northern Ontario, Canada: the Black Creek Property, the Tamarack-McFauld’s Lake Property, and the Victory Property. The Company has a 50/50 joint venture with Pan American Silver on the Meunier-144 property. It also owns McKenzie Break and Beaufor properties.


TSX:PRB - Post by User

Comment by biotechguy1on Apr 05, 2024 4:00pm
171 Views
Post# 35973748

RE:RE:Congratulations Team Palmer

RE:RE:Congratulations Team Palmer

Most majors don't like to deal with an NSR after a purchase ... but it is a good thought.   3% NSR for 40,000,000 can be purchased back before the end of 2025 for 60,000,000.

no dilution and the purchaser is on the hook to either pay the 60 or stay with a 3% NSR.

non dilutive ! 

hoping for a reasonable 2024 buyout ? 

GLTA 

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