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Gold/Mining/Energy : 2020 Stock Picking Contest -- Ignore unavailable to you. Want to Upgrade?


To: dara who wrote (172)6/13/2020 3:26:57 PM
From: LoneClone  Respond to of 191
 
Did the trick, thanks, although I am still not winning for some reason...

LC



To: dara who wrote (172)6/13/2020 3:38:24 PM
From: russet  Respond to of 191
 
WM bought out BAR Balmoral

Balmoral completes acquisition by Wallbridge

2020-05-22 15:08 ET - News Release

Also News Release (C-WM) Wallbridge Mining Company Ltd

Mr. Marz Kord of Balmoral reports

WALLBRIDGE MINING COMPANY LIMITED AND BALMORAL RESOURCES LTD. ANNOUNCE COMPLETION OF PLAN OF ARRANGEMENT

Balmoral Resources Ltd. and Wallbridge Mining Company Ltd. have completed the previously announced plan of arrangement between the parties. With completion of the arrangement, Wallbridge has now acquired 100 per cent of the issued and outstanding common shares of Balmoral in exchange for consideration of 0.71 of a common share of Wallbridge for each Balmoral share.

"With the completion of the arrangement, Wallbridge now controls a district-scale land position along the Detour-Fenelon gold trend, a major structure that hosts the Detour Lake gold mine, the Fenelon gold project, and numerous other gold exploration and development projects," said Marz Kord, president and chief executive officer of Wallbridge. "The properties acquired from Balmoral dramatically increase our footprint in Quebec to 739 square kilometres of underexplored and highly prospective ground that is clearly complimentary to our rapidly expanding Fenelon gold project. As announced earlier this week, our exploration team has begun evaluating the newly acquired properties and drilling to identify extensions of the Fenelon gold system is planned to begin this summer."

"The strong drilling results from both companies over the last few weeks and accompanying strong move in the share prices of Wallbridge and Balmoral into today's completion of the arrangement simply reinforces the rationale for combining the two companies," said Darin Wagner, former president and CEO of Balmoral. "To the Balmoral shareholders -- our team again thanks you for your tremendous support over the last decade and we are excited by what lays ahead for the combined entity."

Pursuant to the arrangement, Balmoral shareholders have received 0.71 of a common share of Wallbridge in exchange for each Balmoral share held immediately prior to completion of the arrangement. In the aggregate, 130,556,944 Wallbridge shares were issued under the arrangement to Balmoral shareholders as consideration for their Balmoral shares. The existing Wallbridge and former Balmoral shareholders now own approximately 82 per cent and 18 per cent of the issued and outstanding Wallbridge shares, respectively.

As a result of the arrangement, Balmoral has become a wholly owned subsidiary of Wallbridge and the Balmoral shares are anticipated to be delisted from the Toronto Stock Exchange following the close of trading on May 25, 2020.

Former registered shareholders of Balmoral will be required to submit their share certificates or DRS advices and letters of transmittal to TSX Trust and to follow the instructions contained in the Balmoral management information circular dated March 27, 2020, in order to obtain Wallbridge share certificates pursuant to the arrangement. In addition, the outstanding options of Balmoral have been adjusted in accordance with their terms and the exchange ratio such that 6,871,647 options of Wallbridge have been reserved for exercise.

About Wallbridge Mining Company Ltd.

Wallbridge is establishing a pipeline of projects that will support sustainable 100,000-ounce-plus annual gold production, as well as organic growth through exploration and scalability.

About Balmoral Resources Ltd.

Balmoral is a multiaward-winning Canadian-focused exploration company with a portfolio of gold and base metal properties located within the prolific Abitibi greenstone belt.

We seek Safe Harbor.



To: dara who wrote (172)6/13/2020 3:39:24 PM
From: russet  Respond to of 191
 
CGT changed name to OREA

Columbus Gold changes name to Orea Mining

2020-06-04 11:25 ET - News Release

Mr. Rock Lefrancois reports

COLUMBUS GOLD UNVEILS A NEW NAME AND TRADING SYMBOL: OREA MINING, TSX: OREA

Columbus Gold Corp. has changed its name to Orea Mining Corp. and trading symbol to OREA, effective Friday, June 5, 2020.

The name change to OREA is a natural progression as the company expands its operational scope with an emphasis on sustainable and responsible mining while driving value for investors.

Rock Lefrancois, president and chief executive officer of Columbus, commented, "The new name emphasises the company's commitment to its growth strategy and corporate objective of evolving from an explorer to also a producer in South America, targeting projects that can be developed with a reduced environmental footprint and upholding the highest international standards for responsible mining."

The company continues to progress on its plans and objectives for 2020 (refer to news releases dated Feb. 25, 2020, and May 12, 2020). Ground geophysical surveying at the Maripa gold project is anticipated to be completed in early July in preparation for the diamond drilling program to commence in the third quarter.

At the Montagne d'Or gold project, engineering studies for committed project improvements and modifications for mine permitting are scheduled to be completed by midyear.

The priority for 2020 remains the acquisition of an additional advanced-stage gold project in South America to materialize the objective of growing into a gold producer while putting forward our responsible mining approach. Select acquisition targets have been identified and are under negotiation.

About Columbus Gold Corp.

Columbus Gold is a leading gold exploration and development company operating in a prospective and underexplored segment of the Guiana Shield, South America.