Precious Metals M&A » By The Online Investor Staff, updated Fri., Jun. 9, 8:27 AM
Recent mergers and acquisitions in the Precious Metals M&A category.
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Slide #28. Asanko Gold Inc. — PMI Gold Corporation
Acquirer:
Asanko Gold Inc. (AKG.CA)
Acquiree:
PMI Gold Corporation (PMV.CA)
Details:
Asanko Gold Inc. ("Asanko") (TSX:AKG)(NYSE MKT:AKG) and PMI Gold Corporation ("PMI") (TSX:PMV)(ASX:PVM) are pleased to announce that the acquisition of PMI by Asanko, pursuant to a plan of arrangement (the "Arrangement"), received overwhelming approval by the shareholders of Asanko and PMI at their respective shareholders meetings held at the same time on January 30, 2014 (Vancouver) and January 31, 2014 (Perth), respectively.
Asanko Gold is a natural resource company engaged in the acquisition and exploration of mineral resources in West Ghana. The recoverability of amounts shown for resource properties and deferred exploration costs and Co.'s ability to continue as a going concern is dependent upon the discovery of economically recoverable reserves, continuation of Co.'s interest in the underlying resource claims, the ability of Co. to obtain necessary financing to complete their development and upon future profitable production or proceeds from the disposition thereof.
Open the AKG.CA Page at The Online Investor »
Asanko Gold is a natural resource company engaged in the acquisition and exploration of mineral resources in West Ghana. The recoverability of amounts shown for resource properties and deferred exploration costs and Co.'s ability to continue as a going concern is dependent upon the discovery of economically recoverable reserves, continuation of Co.'s interest in the underlying resource claims, the ability of Co. to obtain necessary financing to complete their development and upon future profitable production or proceeds from the disposition thereof.
Open the PMV.CA Page at The Online Investor »
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