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Non-Precious Metals & Non-Metallic Mining M&A image Non-Precious Metals & Non-Metallic Mining M&A » By The Online Investor Staff, updated Thu., Sep. 24, 11:04 PM Recent mergers and acquisitions in the Non-Precious Metals & Non-Metallic Mining M&A category.

Slide #35. Corazon Gold Corp. ICN Resources Inc.

Acquirer: Corazon Gold Corp. (CGW.CA)
Acquiree: ICN Resources Inc. (ICN.CA)
Details: Corazon Gold Corp. and ICN Resources Inc. are pleased to announce that they have closed their plan of arrangement whereby Corazon acquired all of the outstanding shares of ICN. This business combination will result in a well-financed company with gold and silver exploration projects in Nicaragua, Nevada and Colorado. The Transaction was approved by approximately 99% of the shareholders of ICN that voted on a special resolution with respect to the Transaction at an annual and special meeting of ICN shareholders held on October 15, 2012, and a final order with respect to the Transaction was obtained by ICN from the British Columbia Supreme Court on October 16, 2012.

Corazon Gold is engaged in the acquisition, exploration and development of resource properties. Co.'s future operations and the underlying value and recoverability of the amounts shown for resource properties would be entirely dependent upon the existence of economically recoverable mineral reserves, the ability of Co. to obtain the necessary financing to complete the exploration and development of its resource properties and on future profitable production or proceeds from the disposition of the resource properties.

Open the CGW.CA Page at The Online Investor »

Corazon Gold is engaged in the acquisition, exploration and development of resource properties. Co.'s future operations and the underlying value and recoverability of the amounts shown for resource properties would be entirely dependent upon the existence of economically recoverable mineral reserves, the ability of Co. to obtain the necessary financing to complete the exploration and development of its resource properties and on future profitable production or proceeds from the disposition of the resource properties.

Open the ICN.CA Page at The Online Investor »

Company Name: 
Corazon Gold Corp
Website: 
www.corazongold.com
Sector: 
Precious Metals
Company Name: 
ICN Resources
Website: 
www.icnresources.com
Sector: 
Gold
 

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