The Online Investor

Slideshow Mergers & Acquisitions

By The Online Investor Staff, updated Thu., Mar. 4, 2:10 PM

Slide #91. 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.

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Company Name: 
Aya Gold & Silver Inc
Precious Metals

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