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Eros Resources Receives Shareholder Approval for Strategic Acquisitions
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Eros Resources Receives Shareholder Approval for Strategic Acquisitions

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Eros Resources ( (TSE:ERC) ) has provided an announcement.

Eros Resources Corp. announced that its shareholders approved several key resolutions at a special meeting, including the issuance of common shares for the acquisition of Rockridge Resources Ltd. and MAS Gold Corp. This transaction aims to consolidate Eros’ position in the market. The transaction has also received requisite shareholder approvals from Rockridge and MAS Gold, and is pending final court approval with an expected closure in mid-January 2025.

More about Eros Resources

Eros Resources Corp. is a Canadian public company listed on the TSXV, focusing on identifying, acquiring, and exploring advanced-stage projects primarily in North America. The company also aims to make strategic investments globally across a diverse range of commodities.

YTD Price Performance: 0%

Average Trading Volume: 88,263

Technical Sentiment Consensus Rating: Sell

Current Market Cap: C$4.89M

See more insights into ERC stock on TipRanks’ Stock Analysis page.

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