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0 0.000788643533123011 0.00157728706624602 0.00236593059936903 0.00157728706624602 0 0.00473186119873807 -0.00473186119873821
Stock impact report

Moon River Capital Ltd. to Proceed with Previously Announced Proposed Acquisition of 25% Interest in the Endako Molybdenum Mine [Yahoo! Finance]

Centerra Gold Inc. Common Shares (CGAU) 
Company Research Source: Yahoo! Finance
it intends to proceed with the previously announced share purchase agreement (the "SPA") dated February 28, 2024 with Sojitz Corporation ("Sojitz"), a Japanese multi-national company. On February 28, 2024 the Company announced its intention to indirectly acquire, through the acquisition of Sojitz Moly Resources Inc. ("SMR") (the "Acquisition"), a wholly-owned subsidiary of Sojitz, (i) a 25% participating interest in the Endako molybdenum mine complex in British Columbia (the "Endako Mine Complex") and (ii) certain funding provided by Sojitz to SMR for the Endako Mine Complex in the aggregate of approximately $43,010,000. SMR is the holder of a 25% participating interest in the Endako Mine Complex pursuant to an exploration, development and mine operating agreement dated as of June 12, 1997 (the "JVA") entered into between SMR and Thompson Creek Mining Ltd. (now Thompson Creek Metals Company Inc.) ("TCM"), a subsidiary of Centerra Gold Inc. The acquisition was subject to the waiv Show less Read more
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