Vancouver, British Columbia--(Newsfile Corp. - November 8, 2023) - Scorpio Gold Corporation (TSXV: SGN) ('Scorpio Gold' or the 'Company') is pleased to announce that, further to its press releases dated
Vancouver, British Columbia-- - Scorpio Gold Corporation is pleased to announce that, further to its press releases dated May 25, 2023 and August 16, 2023, it has entered into an amended and restated letter of intent dated November 8, 2023 with Altus Gold Corp.
Shareholders with physical certificates will receive a letter of transmittal from Computershare Trust Company of Canada, the Company's transfer agent. All registered shareholders will be required to send their certificate representing pre-Consolidation shares, along with a properly executed letter of transmittal, to the Company's transfer agent, in accordance with the instructions provided in the letter of transmittal.
The Bridge Loan will be forgiven if the Company completes the Transaction with Altus Gold. If the Transaction does not complete, the Bridge Loan will be repayable in cash on demand by Altus Gold, or in certain circumstances, the Bridge Loan may be settled in common shares of the Company, subject to the approval of the Exchange. In the event that the settlement of the Bridge Loan in common shares is not acceptable to the Exchange, it would remain payable in cash.
The Company has used the proceeds of the Bridge Loan for the Transaction and working capital purposes.
Italia Ultime Notizie, Italia Notizie
Similar News:Puoi anche leggere notizie simili a questa che abbiamo raccolto da altre fonti di notizie.
Farstarcap Investment Corp: Farstarcap Announces Amended Terms of Proposed Qualifying Transaction to Acquire HerdWhistle Technologies Inc.Vancouver, British Columbia--(Newsfile Corp. - November 8, 2023) - Farstarcap Investment Corp. (TSXV: FRS.P) ('Farstarcap' or the 'Company') is pleased to announce that it has entered into an amended
Leggi di più »
Barrick Gold: Nach Gold und Kupfer jetzt noch Silber!Barrick Gold (ISIN: CA0679011084) ist ja hinlängst bekannt als einer der größten Goldproduzenten weltweit. Und das man im Kupferbereich große Bemühungen unternimmt ist aufmerksamen Lesern auch hinlänglich
Leggi di più »
Deutsche Bank, Globex Mining, Barrick Gold - Begeisterung für Gold ist zurückTrotz etlicher Zinserhöhungen konnte der Goldpreis zuletzt wieder auf über 2.000 USD zulegen. Auch wenn der letzte Anstieg mit dem Angriff auf Israel einsetze, dürfte das nicht der Grund dafür sein. Vielmehr
Leggi di più »
Amundi Global Corp SRI 1-5Y UCITS ETF DR - HEDGED GBP (C): Net Asset Value(s)DJ Amundi Global Corp SRI 1-5Y UCITS ETF DR - HEDGED GBP (C): Net Asset Value(s) Amundi Global Corp SRI 1-5Y UCITS ETF DR - HEDGED GBP (C) (GCSG LN) Amundi Global Corp SRI 1-5Y UCITS ETF DR - HEDGED
Leggi di più »
UBS stuft MICROSOFT CORP auf 'Buy'ZÜRICH (dpa-AFX Analyser) - Die Schweizer Großbank UBS hat Microsoft auf 'Buy' mit einem Kursziel von 400 US-Dollar belassen. Auf der ersten Nutzer- und Entwicklerkonferenz von OpenAI habe er seinen Fokus
Leggi di più »
Amundi Index US Corp SRI UCITS ETF DR - USD (C): Net Asset Value(s)DJ Amundi Index US Corp SRI UCITS ETF DR - USD (C): Net Asset Value(s) Amundi Index US Corp SRI UCITS ETF DR - USD (C) (UCRP LN) Amundi Index US Corp SRI UCITS ETF DR - USD (C): Net Asset Value(s)
Leggi di più »