Pan American Silver Corp. press release
Major Acquisition Alert: Benchmark Metals acquires Thesis Gold! President Jim Greig shares details
TSX - Toronto Stock Exchange · Silver · Zinc · Lead · Gold · Copper · 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
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Earlier from Pan American Silver Corp.
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- 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
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