P2 Gold (TSE:PGLD) has released an update.
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Eskay Mining Corp and P2 Gold Inc have mutually decided to call off their previously announced business merger due to current market conditions, while maintaining their commitment to their existing exploration services agreement. This move ensures the continuation of the planned exploration program at the Eskay-Corey Property for the 2024 exploration season. Despite the termination of the merger, both companies remain focused on their respective mining and exploration projects in highly prospective regions.
For further insights into TSE:PGLD stock, check out TipRanks’ Stock Analysis page.