Treasury Metals 将与 Blackwolf Copper Gold 合并

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此次合并将推动 Goliath Gold Complex (GGC) 项目走向投产,而 Niblack 铜金矿项目和其他勘探资产则为合并后的公司带来了巨大的上升潜力

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Treasury Metals 收购 Blackwolf。 (图片来源:Unsplash 上的 Kefentse Molotsane)

加拿大矿产勘探和开发公司 Treasury Metals 已同意与拥有阿拉斯加 Niblack 项目的 Blackwolf Copper and Gold 合并。

此次合并预计将推进安大略省的 Goliath Gold Complex (GGC) 项目,以加强领导力、资产负债表和现金余额 1000 万加元的方式实现生产。

GGC 项目以及 Niblack 铜金项目和其他勘探资产为合并后的公司带来了巨大的上升潜力。

根据商定的条款,Blackwolf 股东有资格获得 0.607 股库存股,以换取持有的每股 Blackwolf 股票。

交易完成后,现有 Treasury 股东将拥有合并后公司约 68.3% 的股权,Blackwolf 股东将拥有合并后公司约 31.7% 的股权。

作为拟议收购的一部分,财政部总裁兼首席执行官 Jeremy Wyeth 计划被任命为合并后公司的首席执行官。

此外,Blackwolf 首席执行官 Morgan Lekstrom 将被任命为总裁,其最大股东 Frank Giustra 将成为合并后公司的最大股东。

Lekstrom 表示:“财政部通过启动工程和获得许可,在推进 GGC 项目方面做了令人难以置信的工作,我们对它能够发展成为加拿大主要的黄金营地感到乐观。”

“财务实力和资产组合的结合使我们有资本在不断上涨的黄金市场中进入新的增长阶段。

Giustra 表示:“对于 Blackwolf 和 Treasury 股东来说,这是一笔强有力的交易,它使公司走上了我多次实施的购买和建设战略的道路。”

“我们认为 GGC 项目可以在地区范围内建设和扩展。我期待着继续成为一名支持性股东,并很高兴能够作为战略顾问加入该团队。”

为了增强财务灵活性,财政部修改了与 Sprott Resources Streaming 和特许权使用费的协议,推迟了未来四个季度的季度最低付款。

作为交换,加拿大矿业公司的季度最低付款额将从50万美元提高到67.5万美元,最后付款的截止日期也将提前。

GGC 项目代表了 65 公里的趋势,位于 330 公里2 的土地包内,并在 Wabigoon 绿岩带内拥有三个不同的项目。

Goliath主要项目包括位于安大略省德莱顿以东 20 公里处的露天和地下金矿以及相关选矿设施。

原文链接/NSEnergyBusiness

Treasury Metals to combine with Blackwolf Copper Gold

MiningOthersMajor Commodities

The merger would advance the Goliath Gold Complex (GGC) project towards production, while the Niblack Copper-Gold project and other exploration properties represent promising upside potential for the combined company

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Treasury Metals to acquire Blackwolf. (Credit: Kefentse Molotsane on Unsplash)

Canada-based mineral exploration and development company Treasury Metals has agreed to merge with Blackwolf Copper and Gold, which owns the Niblack project in Alaska.

The merger is expected to advance the Goliath Gold Complex (GGC) project in Ontario, towards production with a strengthened leadership, balance sheet and cash balance of C$10m.

GGC project, together with the Niblack Copper-Gold project and other exploration properties represent promising upside potential for the combined company.

Under the agreed terms, Blackwolf shareholders are eligible to receive 0.607 of a Treasury share, in exchange for each Blackwolf share held.

Upon completion of the transaction, existing Treasury shareholders will have around 68.3% ownership and Blackwolf shareholders around 31.7% of the combined company.

As part of the proposed acquisition, Treasury’s president and CEO Jeremy Wyeth is planned to be appointed as CEO of the combined company.

Also, Blackwolf’s CEO Morgan Lekstrom will be appointed as the president and its largest shareholder Frank Giustra will be the largest shareholder of the combined company.

Lekstrom said: “Treasury has done an incredible job of advancing the GGC Project through the start of engineering and permitting, and we are optimistic that it can evolve into a major Canadian gold camp.

“The combined financial strength and asset portfolio gives us the capital to move into a new stage of growth in a rising gold market.

Giustra said: “This is a strong transaction for Blackwolf and Treasury shareholders that puts the company on the path of a buy-and-build strategy that I have implemented many times.

“We see the GGC Project as buildable and expandable on a district scale. I look forward to continuing to be a supportive shareholder and am excited to join the team as a Strategic Advisor.”

Treasury, to enhance financial flexibility, has revised its agreement with Sprott Resources Streaming and Royalty, deferring quarterly minimum payments for the next four quarters.

In exchange, the Canadian mining company’s quarterly minimum payment will be increased from $500,000 to $675,000, and the deadline for the last payment will be moved forward.

The GGC project represents a 65km trend that lies within a 330km2 land package and hosts three distinct projects within the Wabigoon greenstone belt.

The main Goliath project comprises an open-pit and underground gold mine and related milling facility located 20km east of Dryden, Ontario.