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Bullboard - Stock Discussion Forum Dixie Gold Inc V.DG

Alternate Symbol(s):  YWRLF

Dixie Gold Inc. is an exploration company involved in a diverse portfolio of exploration projects, including gold, lithium and uranium assets in Canada. The Company's projects include Red Lake, Isko Gold, Preston Uranium, Phoenix Lithium, Torp Lithium and Juliet Lithium. The Red Lake Project is situated southeast of Red Lake, Ontario, and covers approximately 25,269 hectares (ha) and 1,241... see more

TSXV:DG - Post Discussion

Dixie Gold Inc > NEWS! KABOOM !!!
View:
Post by MrDales62 on Oct 27, 2023 10:29am

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”).

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