HighGold Mining (TSE:HIGH) has released an update.
Contango ORE, Inc. has successfully completed its acquisition of HighGold Mining Inc., aiming to bolster its gold production portfolio and streamline operations with its innovative Direct Ship Ore model. The merger, which includes the appointment of HighGold’s CEO to Contango’s board, is set to advance Contango’s growth strategy by capitalizing on HighGold’s existing high-grade projects and reducing environmental and capital costs. HighGold shares will be delisted as the company transitions out of public reporting.
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