Cerrado Gold Inc. press release
Major Acquisition Alert: Benchmark Metals acquires Thesis Gold! President Jim Greig shares details
TSXV - TSX Venture Exchange · Gold · Silver · Zinc · Copper · Lead · Tin · Iron · Canada · M&A / Asset Transactions
(NewsDirect)
Benchmark Metals president Jim Greig joined Steve Darling from Proactive to provide details the company has added to its portfolio by signing a definitive agreement to acquire Thesis Gold. This combination positions Benchmark Metals as a top contender in Canada's mining industry and could attract the interest of major and mid-tier mining companies.
Greig telling Proactive Thesis shareholders will receive a premium of approximately 26.2% to the closing price of Thesis shares prior to the announcement. The deal, once approved, will create one of the largest precious metals development and exploration companies in the Toodoggone Mining District of British Columbia. The deal also combines two key projects being Benchmark’s Lawyers and Thesis’s Ranch Project. Thesis Gold CEO Ewan Webster will become president and CEO of the combined company.
Contact Details
Proactive Investors Canada
+1 604-688-8158
na-editorial@proactiveinvestors.com
Copyright (c) 2023 TheNewswire - All rights reserved.
Earlier from Cerrado Gold Inc.
- Benchmark Advances Environmental Baseline Studies Towards Environmental Assessment and Mine Permitting
- Benchmark Metals looking at sizeable drilling program in 2023 at Lawyers Project
- Benchmark Plans Large Drilling Expansion Program to Add More High-Grade Gold and Silver Ounces to the Mineral Resource Estimate
More m&a / asset transactions releases
- Homerun Resources Inc. Completes Acquisition of 442.7-Hectare Fazenda Land Package in Santa Maria Eterna, Bahia, Brazil Homerun Resources Inc. (HMR.V),
- Noble Mineral Exploration Acquires Lucas Gold Project From Canada Nickel Company Noble Mineral Exploration Inc. (NOB.V),
- Cerro de Pasco Resources Acquires the Remaining Quiulacocha Tailings and Secures Surface Rights, Consolidating 100% of the Tailings Cerro de Pasco Resources Inc. (CDPR.V),