Teuton Resources Corp V.TUO

blackwolf has been taken over -- and moved on???

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https://www.globenewswire.com/news-release/2024/05/02/2874042/0/en/Treasury-Metals-and-Blackwolf-to-Create-New-Growth-Focused-North-American-Gold-Platform.html Treasury Metals and Blackwolf to Create New Growth-Focused North American Gold Platform May 02, 2024 at 07:00 ET | Source: Treasury Metals TORONTO, May 02, 2024 (GLOBE NEWSWIRE) -- Treasury Metals Inc. (TSX: TML; OTCQX: TSRMF) (“Treasury” or “TML”) and Blackwolf Copper and Gold Ltd. (TSXV:BWCG; OTCQB: BWCGF) (“Blackwolf” or “BWCG”) are pleased to announce that they have entered into a definitive arrangement agreement dated May 1, 2024 (the “Agreement”) to combine the two companies to advance the Goliath Gold Complex Project (“GGC Project”) in Ontario towards production with a strengthened leadership, balance sheet and capital markets team (the “Transaction”). The combined company’s Niblack Copper-Gold development project in Alaska and other exploration properties also represent promising upside projects for future growth. Pursuant to the Transaction, Treasury will acquire all of the issued and outstanding common shares of Blackwolf. Under the terms of the Agreement, each BWCG share will be exchanged for 0.607 of a TML share. Upon completion of the Transaction, existing TML and BWCG shareholders will own approximately 68.3% and 31.7% of TML respectively (after closing of the transactions described below and prior to the completion of the minimum C$4 million concurrent financing, which is further described below)