@Bubbles101
No problems, it'd essentially be under the same arrangement that Yamana had with Monarch Gold to Acquire their main asset through acquisiton of outstanding shares and new company formed to let them keep the other concessions.
YAMANA GOLD INC. (TSX:YRI; NYSE:AUY) (“Yamana” or the “Company”) is pleased to announce that it has entered into a definitive agreement (the “Agreement”) with Monarch Gold Corporation (“Monarch”) whereby Yamana will acquire the Wasamac property and the Camflo property and mill (the “Acquisition Properties”) through the acquisition of all of the outstanding shares of Monarch not owned by Yamana under a plan of arrangement for consideration, including cash and shares, of approximately C$152 million. In connection with the plan of arrangement, Monarch will complete a spin-out (the “Spin-Out”) to its shareholders, through a newly-formed company (“SpinCo”) of its other mineral properties and certain other assets and liabilities of Monarch (collectively, the “Transaction”)
Full details below
https://www.yamana.com/English/investors/news/news-details/2020/Yamana-Gold-Expands-Its-Footprint-in-the-Abitibi-Region-With-Friendly-Acquisition-of-Monarch/default.aspx
- Forums
- ASX - By Stock
- FM3
- Ann: General Security Agreement
FM3
firstmac mortgage funding trust no. 4 series 1-2020
Ann: General Security Agreement, page-327
-
- There are more pages in this discussion • 580 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add FM3 (ASX) to my watchlist
(20min delay)
|
|||||
Last
0.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $0 |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |