TTM 4.17% 2.5¢ titan minerals limited

Ann: Company Update, page-2

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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
 
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Last
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Change
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Mkt cap ! $45.44M
Open High Low Value Volume
2.5¢ 2.5¢ 2.5¢ $6.551K 262.0K

Buyers (Bids)

No. Vol. Price($)
5 334048 2.4¢
 

Sellers (Offers)

Price($) Vol. No.
2.5¢ 346823 3
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Last trade - 10.35am 17/05/2024 (20 minute delay) ?
Last
2.5¢
  Change
0.001 ( 4.17 %)
Open High Low Volume
2.5¢ 2.5¢ 2.5¢ 21348
Last updated 10.28am 17/05/2024 ?
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