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Rockridge Resources’ Merger Plans with Eros and MAS Gold Approved
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Rockridge Resources’ Merger Plans with Eros and MAS Gold Approved

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Rockridge Resources ( (TSE:ROCK) ) just unveiled an update.

Rockridge Resources has received final orders from the Supreme Court of British Columbia approving its proposed plans of arrangement with Eros Resources and MAS Gold. This approval marks a significant step towards finalizing a three-way merger, wherein Eros will acquire all shares of MAS Gold and Rockridge that it does not own, leading to the delisting of Rockridge shares from the TSX Venture Exchange and the emergence of a new trading issuer.

More about Rockridge Resources

Rockridge Resources is a public mineral exploration company focused on the acquisition, exploration, and development of mineral resource properties in Canada, specifically copper and gold. Its 100% owned Knife Lake Project in Saskatchewan, recognized as a top mining jurisdiction, hosts a VMS deposit with discovery potential.

YTD Price Performance: 10.0%

Average Trading Volume: 52,331

Technical Sentiment Consensus Rating: Buy

Current Market Cap: $1.57M

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

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