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Eros Resources ( (TSE:ERC) ) has shared an announcement.
Eros Resources Corp. is set to acquire all outstanding shares of MAS Gold Corp. and Rockridge Resources Ltd., following the approval of their statutory plans by the Supreme Court of British Columbia. This merger is expected to enhance Eros’s position in the mineral exploration industry, potentially leading to a delisting of MAS Gold and Rockridge from the TSX Venture Exchange once the transaction is completed, anticipated by mid-January 2025.
More about Eros Resources
Eros Resources Corp. is a Canadian public company focused on the identification, acquisition, and exploration of advanced-stage projects primarily in North America, with strategic investments globally across a diverse commodity base.
YTD Price Performance: 40.0%
Average Trading Volume: 110,982
Technical Sentiment Consensus Rating: Sell
Current Market Cap: C$6.36M
See more insights into ERC stock on TipRanks’ Stock Analysis page.
