Movers and SHAKERS
Golden Predator Mining (NTGSF)(GPY:CA)
Shareholders Approve Business Combination with Arizona Gold Corp.
Golden Predator Mining Corp is a Canada based exploration stage company engaged in the business of acquiring and exploring mineral properties. It owns properties primarily in Yukon, Canada. Some of the company's projects located in Yukon are the 3 Aces, Sprogge, Reef, Brewery Creek, Marg, Sonora Gulch, Grew Creek, Upper Hyland and others.
Mark Reichman, Senior Research Analyst of Natural Resources, Noble Capital Markets, Inc.
Refer to the full report for the price target, fundamental analysis, and rating.
Business combination approved. Golden Predator Mining and Arizona Gold Corp. (TSX: AZG, OTCQB: AGAUF) shareholders overwhelmingly approved the proposed acquisition by Arizona Gold of all the outstanding common shares of Golden Predator by way of a proposed plan of arrangement. Shareholders of Golden Predator will receive 1.65 common shares of Arizona Gold Corp. in exchange for each share of Golden Predator. Upon closing, Golden Predator shareholders will own approximately 45% of the combined company shares.
Merger expected to close on September 2. Completion of the business combination is contingent on satisfaction or waiver of remaining conditions to the arrangement, including final approval by the Supreme Court of British Columbia ...
This Company Sponsored Research is provided by Noble Capital Markets, Inc., a FINRA and S.E.C. registered broker-dealer (B/D).
*Analyst certification and important disclosures included in the full report. NOTE: investment decisions should not be based upon the content of this research summary. Proper due diligence is required before making any investment decision.