TSXV:BWCG - Post Discussion
Post by
StockHawk1 on Jun 13, 2024 7:05pm
BWCG Makes Moves to Merge w/ TML (News Summary & DD)
Gold junior, BWCG.v, has proposed a merger with TML to enhance their financial & operational strengths, combining TML's Goliath Gold Project (Estimated NPV = $493M) & BWCG's Niblack Project (Indicated MRE = 5.85M tonnes @ 0.94% Copper, 1.83 g/t Gold, 1.73% Zinc & 29 g/t Silver).
https://blackwolfcopperandgold.com/news/latest-news/blackwolf-mails-and-files-special-meeting-materials-in-connection-with-the-proposed-plan-of-arrangement-with-treasury-metals-inc/
The new entity expects to have a cash position exceeding $10M and plans to intensify exploration efforts and strategic acquisitions. Full news breakdown and DD here
https://www.reddit.com/r/Wallstreetbetsnew/comments/1deklil/blackwolf_copper_and_golds_bwcgv_and_treasury/
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