MinRex Merger with Electrum Discovery to Form +1Moz Serbia-Australia Gold-Copper Explorer

MinRex to acquire Electrum shares in gold-copper merger

MinRex Resources has entered into a definitive arrangement agreement to acquire all issued and outstanding shares of Electrum Discovery, representing a major gold-copper merger.The post MinRex to acquire Electrum shares in gold-copper merger appeared first on Mining Technology.

MinRex, Electrum to merge

ASX-listed MinRex Resources has entered into a definitive arrangement agreement with TSX-V-listed Electrum Discovery to acquire 100% of its issued and outstanding shares through a statutory plan of arrangement under the Business Corporations Act of British Columbia (BCBCA). The transaction represents an about A$28-million merger of equals, expected to create a well-capitalised gold/copper exploration group combining Electrum’s highly prospective…

MinRex Resources and Electrum Discovery Announce Merger, Creating Gold-Copper Explorer

MinRex Resources Limited (ASX: MRR) and Electrum Discovery Corp. (TSX-V: ELY) have announced a definitive agreement to merge, creating a well-capitalised gold and copper exploration company. MinRex Resources, an Australian-based ASX-listed company, focuses on gold and base metals exploration with projects in the Lachlan Fold Belt of NSW, including the Sofala Gold Project. Electrum Discovery Corp, a Canadian-based TSX-V listed company, is focused…

MinRex merger with Electrum Discovery to form +1Moz Serbia-Australia gold-copper explorer

MinRex is merging with Electrum to create a $25m gold-copper explorer in Serbia and NSW Combined company will have +1Moz gold equivalent resources across Tlamino and Sofala projects Exploration will focus initially on increasing confidence in Tlamino resource   Special Report: MinRex Resources is merging with TSX-V listed Electrum Discovery Corp to create a well-funded gold and copper explorer with a strong portfolio of advanced projects in Serb…

Electrum Discovery Announces Merger of Equals with MinRex Resources to Create Well-Capitalized Gold-Copper Exploration and Development Company

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