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Forge Resources Extends Deal with Aion Mining

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Forge Resources Extends Deal with Aion Mining

Forge Resources (TSE:FRG) has released an update.

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Forge Resources Corp. has extended its exclusivity period to acquire a 60% controlling interest in Aion Mining Corp, with a proposed transaction valued at $5 million. This strategic move involves a mix of cash and stock, and grants Forge anti-dilution rights and a right of first refusal on future equity financings by Aion.

For further insights into TSE:FRG stock, check out TipRanks’ Stock Analysis page.

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