Blackwolf Copper and Gold (TSE:BWCG) has released an update.
Treasury Metals Inc. and Blackwolf Copper and Gold Ltd. have completed a strategic merger, with Treasury acquiring all Blackwolf shares in a court-approved arrangement, aiming to accelerate their new buy/build strategy and grow into a mid-tier gold company. Shareholders from both companies now collectively own the newly formed entity, with Blackwolf shares set to be delisted. Additionally, the first tranche of a concurrent financing has been successfully completed, contributing to the companies’ growth plans.
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