In a move to raise exploration funds for its projects in British Columbia, Gold City Mining (VSE) intends to issue a takeover bid for all the shares of Consolidated Cyn-Tech Ventures (VSE).
The takeover is subject to completion of a due diligence review, as well as cancellation of Cyn-Tech’s proposed purchase of certain oil and gas royalties and a private placement.
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Placer Dome T 4809 $32 5/8
Barrick Gold T 4093 $35
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Golden Arch V 2260 44
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