First Mining Announces Closing of Acquisition of Multi-Million Ounce Duparquet Gold Project [Daily Finance]
First Majestic Silver Corp. Ordinary Shares (Canada) (AG)
Last first majestic silver corp. ordinary shares (canada) earnings: 2/19 07:00 am
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Source: Daily Finance
pleased to announce that it has completed the previously announced acquisition (the “ Beattie Offer “) of all the issued and outstanding common shares of Beattie Gold Mines Ltd. (“ Beattie Gold “) that were not already owned by First Mining. In addition, First Mining has also concurrently completed the acquisitions of 2699681 Canada Ltd. (“ Canada “) and 2588111 Manitoba Ltd. (“ Manitoba “) (together, the “ Concurrent Transactions “). As a result, First Mining now owns 100% of the Duparquet Gold Project (the “ Project “) located in Quebec, Canada The total consideration of the Beattie Offer and the Concurrent Transactions was in cash and the issuance of 69,127,820 common shares of First Mining for a total transaction value of approximately $24 million based on the twenty trading days volume weighted average price for First Mining's common shares as of the last trading day prior to the Company's initial announcement regarding these transactions on July 18, 2022 “We are very pleased
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Sec Filings
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- 2/23/24 - Form 6-K
- AG's page on the SEC website