Wesdome Gold Mines to Acquire Angus Gold; Quadruples the Eagle River Land Package

Wesdome Gold Mines to Acquire Angus Gold; Quadruples the Eagle River Land Package

All amounts are expressed in Canadian dollars unless otherwise indicated

Funding deal for Cloncurry, Tick Hill gold operations

A company driving the planned restart of gold processing operations in the Cloncurry area and at Tick Hill has taken a significant step to secure more than $40 million.Orion Resources has signed a nonbinding indicative term sheet with a North American firm for $US25 million project financing.ASX-listed AuKing Mining announced the progress.AuKing is working in […] Thank-you for your interest in iQ Industry Queensland. We invite you to pu…

Wesdome Gold Mines inks $40M acquisition deal with Angus Gold

Wesdome Gold Mines Ltd. (TSE: WDO) (OTCMKTS: WDOFF) will acquire junior explorer, Angus Gold Inc. (CVE: GUS) (OTCMKTS: ANGVF), in a mixed cash and share deal worth approximately USD$40million. Announced on Monday, the deal expands Wesdome’s land position considerably at its Eagle River operation. It also creates a 400 square kilometer land package on the Mishibishi Lake greenstone belt in Ontario. This expanded footprint hosts multiple explorati…

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Wesdome Gold Mines to Acquire Angus Gold – Wawa-news.com

Wesdome Gold Mines Ltd. and Angus Gold Inc. are pleased to jointly announce that they have entered into a definitive arrangement agreement whereby Wesdome will acquire all of the issued and outstanding common shares of Angus pursuant to a plan of arrangement. Under the terms of the Agreement, each of the issued and outstanding common ...

Wesdome to acquire Angus Gold in $28M deal – The Northern Miner

The transaction quadruples Wesdome’s land position at the Eagle River gold operation in Ontario.