Movers and SHAKERS
Golden Predator Mining (NTGSF)(GPY:CA)
Arizona Gold Corp. + Golden Predator = Sabre 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.
Arizona Gold Corp. to acquire Golden Predator. Arizona Gold Corp. (TSX: AZG, OTCQB: AGAUF) and Golden Predator announced an agreement to merge and create a new North American focused near-term gold producer in an all-stock transaction. The deal, expected to close in September 2021, combines the fully permitted past producing Copperstone gold mine in Arizona and the past producing Brewery Creek gold mine in the Yukon. Shareholders of Golden Predator will receive 1.65 common shares of Arizona Gold Corp. for each share of Golden Predator. Upon closing, Arizona Gold is expected to change its name to Sabre Gold Corp. The companies will host an investor webinar on June 29 at 1:00 pm ET.
Transaction benefits. Benefits include: 1) greater size and diversification, 2) a combined 175 thousand ounces of proven and probable gold reserves, measured and indicated resources of 1.1 million ounces of gold, 1.5 million ounces of gold in the inferred category, along with significant exploration potential, 3) a strong balance sheet with combined cash and investments amounting to C$23.0 million ...
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.