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" • Intends to make formal offer to acquire 100% of Canadian-based, Ecuador-focussed Core Gold Inc.
(TSXV: CGLD)
• Compelling strategic rationale for merger, to create an emerging Latin American focused gold
explorer, developer and producer, with a large portfolio in Ecuador and Peru, as well as a
substantially stronger balance sheet
• Offer to include 2.5 fully paid ordinary shares of Titan for each Core Gold common share held,
valuing Core Gold shares at CAD$0.422 – a 164% premium to the Core Gold closing price on 13
September 2019
• This intended offer is on improved terms than the previous plan of arrangement proposal
• Titan has acquired all of Core Gold’s secured debt in the principal amount of US$2.5 million in order
to ensure the long term success of the Core Gold assets
Ann: Company Update, page-2
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Last
3.0¢ |
Change
0.001(3.45%) |
Mkt cap ! $54.28M | |||
| Open | High | Low | Value | Volume |
| 2.9¢ | 3.0¢ | 2.8¢ | $9.754K | 335.9K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 5000 | 2.9¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 3.0¢ | 1012019 | 5 |
View Market Depth
| Last trade - 16.10pm 03/05/2024 (20 minute delay) ? |
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Last
3.0¢ |
Change
0.001 ( 3.45 %) |
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| Open | High | Low | Volume | ||
| 2.9¢ | 3.0¢ | 2.9¢ | 252583 | ||
| Last updated 15.48pm 03/05/2024 ? | |||||
| TTM (ASX) Chart |