tiprankstipranks
Troy Minerals Seals Acquisition Deal with CBGB Ventures
Company Announcements

Troy Minerals Seals Acquisition Deal with CBGB Ventures

Troy Minerals, Inc. (TSE:TROY) has released an update.

Don't Miss our Black Friday Offers:

Troy Minerals Inc. has finalized an agreement to acquire all shares of CBGB Ventures Corp., which will allow the combined entity to potentially hold up to an 80% interest in the Grand Samsara Development LLC’s Tsagaan Zalaa Silica Project in Mongolia. The deal involves exchanging millions of Troy common shares and special warrants, with specific conversion conditions linked to the progress and commercial production of the Table Mountain and Tsagaan Zalaa projects. The completion of the transaction is contingent on due diligence and approval from CBGB shareholders.

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

Related Articles
TipRanks Canadian Auto-Generated NewsdeskTroy Minerals Advances with LiDAR Survey Completion
TipRanks Canadian Auto-Generated NewsdeskTroy Minerals Appoints New President Amid Growth Plans
TipRanks Canadian Auto-Generated NewsdeskTroy Minerals Advances Tsagaan Zalaa Silica Project
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App