NEW FOUND GOLD TO ACQUIRE MARITIME RESOURCES FOR $211M
https://s.yimg.com/ny/api/res/1.2/2bLxxr22Fe8PLaQhnlu07A--/YXBwaWQ9aGlnaGxhbmRlcjt3PTEyMDA7aD02NzU-/https://media.zenfs.com/en/mining_technology_700/e03ac9b77c150a166286a5753ece4be8
✍️ New Found Gold announces acquisition of Maritime Resources to form a Canadian gold producer, with an estimated value of C$292m.
👉 Estimated value of the transaction: C$292m 👉 New Found Gold acquiring all outstanding common shares of Maritime 👉 Maritime shareholders to receive 0.75 of a New Found Gold common share for each Maritime share 👉 Post-transaction ownership: approximately 69% for New Found Gold shareholders and 31% for Maritime shareholders 👉 Queensway Gold Project and Hammerdown Gold Project to be central to the strategic consolidation
-- #KeithBoyle,CEOanddirectorofNewFoundGold #GarettMacdonald,president,CEO,anddirectorofMaritimeResources #Canada #Newfoundland #Queensway #Hammerdown #PineCoveMill #NuggetPondHydrometallurgicalGoldPlant #business
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