Mergers & Acquisitions
By The Online Investor Staff, updated Fri., Sep. 18, 10:34 AM
Slide #86. Granite Creek Copper Ltd. — Copper North Mining Corp.
| Acquirer: |
Granite Creek Copper Ltd. (GCX.CA) |
| Acquiree: |
Copper North Mining Corp. (COL.CA) |
| Details: |
Granite Creek Copper Ltd. (TSXV:GCX) ("Granite Creek") and Copper North Mining Corp. (TSXV: COL) ("Copper North") announced today that they have entered into a definitive arrangement agreement (the "Arrangement Agreement") pursuant to which Granite Creek has agreed to acquire all of the outstanding Copper North common shares (the "Copper North Shares") not already owned by Granite Creek through a plan of arrangement under the British Columbia Business Corporations Act (the "Arrangement"). Upon completion of the Arrangement, Granite Creek will control a large regional land package, including the advanced-stage Carmacks Copper Project and the highly prospective Stu Copper-Gold Project, in Canada's Yukon Territory. The combined land package will cover approximately 176 square kilometres within the Minto Copper District. |
Granite Creek Copper is an exploration stage company. Co. is engaged in the exploration of gold, copper and molybdenum on its Taseko Property, Vancouver, and in the process of acquiring gold concessions in Mali, West Africa.
Open the GCX.CA Page at The Online Investor »
Granite Creek Copper is an exploration stage company. Co. is engaged in the exploration of gold, copper and molybdenum on its Taseko Property, Vancouver, and in the process of acquiring gold concessions in Mali, West Africa.
Open the COL.CA Page at The Online Investor »
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