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Thesis Gold Inc. Streamlines Operations with Subsidiary Amalgamation

Story Highlights
  • Thesis Gold Inc. completed an amalgamation with its subsidiary to streamline operations.
  • The amalgamation leaves Thesis Gold’s share capital unchanged and maintains its market presence.
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Thesis Gold Inc. Streamlines Operations with Subsidiary Amalgamation

Benchmark Metals Inc ( (TSE:TAU) ) just unveiled an announcement.

Thesis Gold Inc. has completed a vertical short-form amalgamation with its wholly-owned subsidiary, Thesis Gold (Holdings) Inc., to streamline financial and regulatory reporting and reduce administrative costs. This amalgamation, effective March 1, 2025, leaves the company’s share capital unchanged and retains its name and management structure, with its shares continuing to trade on the TSX Venture Exchange under the symbol ‘TAU’.

More about Benchmark Metals Inc

Thesis Gold Inc. is a resource development company focused on the Lawyers-Ranch Project in British Columbia’s Toodoggone Mining District. The company is dedicated to unlocking the project’s potential, highlighted by a Preliminary Economic Assessment showing a 35.2% after-tax IRR and a C$1.28 billion after-tax NPV5%. Thesis Gold’s 2025 plans include exploration, a Pre-Feasibility Study, and starting the Environmental Impact Assessment Process to advance the project in the global precious metals market.

YTD Price Performance: 38.98%

Average Trading Volume: 618,380

Technical Sentiment Consensus Rating: Sell

Current Market Cap: C$160.9M

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

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