Proposed transaction • NMC to acquire all shares in IAU through a Canadian Plan of Arrangement • NMC to implement 1 for 12 consolidation prior to issuing shares to IAU shareholders on a 1 for 1 basis • Exchange ratio to be based on historic market prices of both stocks • NMC shareholders to own 62.6 percent of the merged entity • NMC to change name to Intrepid Mines Limited and apply for dual listing on TSX
NMC Price at posting:
0.0¢ Sentiment: Buy Disclosure: Not Held