Baselode Energy and Forum Energy Metals Combine to Create a New Force in Canadian Uranium Exploration
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3 Articles
Baselode Energy Corp. (TSXV:FIND) - Merging With Forum Energy To Create a Robust Uranium Explorer - Research Portal
Baselode has entered a definitive agreement to acquire Forum Energy Metals (TSXV:FMC, Not Rated) in an all-share deal worth C$13.2M. Forum shareholders are to receive 0.3535 common shares of Baselode for each Forum share held. The deal values Forum at C$0.04/sh, representing a discount to the previous closing price of C$0.06/sh. The merged entity will be renamed Geiger Energy Corp. (TSXV:BEEP), with the high-grade Aberdeen project in the Thelon B
Baselode Energy To Combine With Forum In Merger Of Equals
Another merger is set to occur in the uranium sector, with Baselode Energy (TSXV: FIND) announcing this morning that it has entered into a definitive agreement for an at-market business combination with Forum Energy Metals (TSXV: FMC). The arrangement will see Baselode acquire Forum in a share-based transaction, with the resulting issuer to be renamed […]
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