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MAS Gold and Rockridge Finalize Merger with Eros Resources
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MAS Gold and Rockridge Finalize Merger with Eros Resources

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MAS Gold ( (TSE:MAS) ) just unveiled an announcement.

MAS Gold Corp. and Rockridge Resources Ltd. have received final court approvals for their plans of arrangement with Eros Resources Corp., enabling a three-way merger transaction. Eros will acquire all shares of MAS Gold and Rockridge, not already owned, in exchange for its common shares, with an expected completion by mid-January 2025, leading to the delisting of MAS Gold and Rockridge from the TSX Venture Exchange.

More about MAS Gold

MAS Gold Corp. is a Canadian mineral exploration company focusing on gold exploration in the La Ronge Gold Belt of Saskatchewan, exploring properties such as Preview South West and Greywacke Lake. Rockridge Resources Ltd. is also involved in mineral exploration within Canada, focusing on copper and gold, with key projects like the Knife Lake Project in Saskatchewan.

YTD Price Performance: 50.0%

Average Trading Volume: 306,759

Technical Sentiment Consensus Rating: Hold

Current Market Cap: C$5.76M

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

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