Movers and SHAKERS
Golden Predator Mining (NTGSF)(GPY:CA)
Is the Whole Greater than the Sum of its Parts?
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.
Golden Predator to acquire Viva Gold. Golden Predator executed a definitive agreement to acquire Viva Gold Corp. (OTCQB, VAUCF, Not Rated) by way of a plan of arrangement in an all-stock transaction. Shareholders of Viva will receive 1.60 Class A common shares of Golden Predator for each common share of Viva Gold. Golden Predator has also proposed the distribution of 8.6 million shares of C2C Gold (CSE: CTOC) to Golden Predator shareholders as a return of capital prior to transaction close which is reflected in the exchange ratio. The combination is expected to close on or about May 3, 2021 and is contingent on approval by Viva shareholders, the TSX Venture Exchange and court approvals of the arrangement and return of capital. The companies will host an investor webinar on March 4, 2021 at 12:00 pm ET.
Transaction benefits. Key transaction benefits include: 1) Greater size and diversification with consolidated ownership of the Tonopah Gold Project in Nevada and the Brewery Creek Mine in the Yukon, 2) a combined 1.8 million ounces of measured and indicated heap leachable gold resources, with an additional 0.8 million ounces of inferred gold resources, along with significant exploration potential ...
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.