The Online Investor

Slideshow Mergers & Acquisitions

By The Online Investor Staff, updated Wed., Mar. 3, 9:17 PM

Slide #83. Aya Gold & Silver Inc. Algold Resources Ltd.

Acquirer: Aya Gold & Silver Inc. (TSE:AYA.CA)
Acquiree: Algold Resources Ltd.
Details: Aya Gold & Silver Inc. (TSX: AYA) ("Aya" or the "Corporation") is pleased to announce that, in the context of the Proposal made by Algold Resources Ltd. ("Algold"), it has entered into a binding term sheet (the "Investment Agreement") with Algold pursuant to which Aya would fund Algold's Proposal to its creditors ("the Proposal") and at closing, would become the sole shareholder of Algold (the "Transaction").

Aya Gold & Silver is engaged in the acquisition, exploration, production, development and, where possible, operation of mining properties for gold and silver. Co. is considered an exploration stage corporation.

Open the AYA.CA Page at The Online Investor »

Company Name: 
Aya Gold & Silver Inc
Website: 
www.mayagoldsilver.com
Sector: 
Precious Metals
 

Open the AYA.CA Page at The Online Investor (in a new window) »

Quotes delayed 20 minutes


Mergers & Acquisitions Page | www.TheOnlineInvestor.com

Copyright © 1998 - 2021, All Rights Reserved
Nothing in The Online Investor is intended to be investment advice, nor does it represent the opinion of, counsel from, or recommendations by BNK Invest Inc. or any of its affiliates, subsidiaries or partners. None of the information contained herein constitutes a recommendation that any particular security, portfolio, transaction, or investment strategy is suitable for any specific person. All viewers agree that under no circumstances will BNK Invest, Inc,. its subsidiaries, partners, officers, employees, affiliates, or agents be held liable for any loss or damage caused by your reliance on information obtained. By visiting, using or viewing this site, you agree to the following Full Disclaimer & Terms of Use and Privacy Policy. Video widget and stock market videos powered by Market News Video. Quote data delayed at least 20 minutes; data powered by Ticker Technologies, and Mergent. Contact The Online Investor; Meet Our Editorial Staff.