Precious Metals M&A » By The Online Investor Staff, updated Sat., Apr. 17, 6:52 AM
Recent mergers and acquisitions in the Precious Metals M&A category.
Slide #55. Chalice Gold Mines — Coventry Resources
| Acquirer: |
Chalice Gold Mines (CXN.CA) |
| Acquiree: |
Coventry Resources (CYY.CA) |
| Details: |
Australian gold company Chalice Gold Mines Limited (TSX: CXN; ASX: CHN; "Chalice") and Canadian gold developer Coventry Resources Inc. (ASX: CYY; TSX-V: CYY; "Coventry") are pleased to announce that they have agreed to merge the two companies by way of a Statutory Plan of Arrangement ("Merger") under the British Columbia Business Corporations Act. The proposed merger will combine Chalice's strong cash position of A$55 million (see Appendix B) with Coventry's 100% interest in the Cameron Gold Camp in Ontario, Canada (see Appendix A). |
Chalice Gold Mines is engaged in the exploration and evaluation gold, copper and coking coal sectors in Australia.
Open the CXN.CA Page at The Online Investor »
Chalice Gold Mines is engaged in the exploration and evaluation gold, copper and coking coal sectors in Australia.
Open the CYY.CA Page at The Online Investor »
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