TSXV:GOFL - Post Discussion
Post by
Yamana on Feb 14, 2021 12:57am
Typhoon proud owner of YRI & new SpinCo Monarch Mining GBAR
It is assumed that Typhoon as of January 21, 2021 still owned 2,266,000 shares of Monarch Gold Corporation (MQR.TO) -- On Jan. 21, 2021 MQR was assimilated by Yamana and Typhoon's MQR shares were converted to ~172,266 Yamana shares (TSE: YRI) + ~453,333 new SpinCo shares (Monarch Mining Corporation (TSE: GBAR)).
Source: https://miningmarketwatch.net/typ.htm
Also it appears the assimilation of Monarch might have accelerated the C$435K that was payable to Typhoon. Not sure on that one.
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