(3)
VANCOUVER, BC / ACCESSWIRE / February 17, 2021 / BeMetals Corp.
(TSXV:BMET)(OTCQB:BMTLF)(Frankfurt:1OI.F) (the Company or BeMetals) is pleased to announce that it has signed an Amalgamation Agreement (the Agreement )
to acquire privately owned Kronk Resources Inc. ( Kronk ) and its wholly owned subsidiary Kazan Resources ( Kazan ), which holds the rights to a highly prospective portfolio of advanced and early stage gold exploration projects in Japan (the Transaction ).
See Figure 1 for project locations in Japan. In addition, BeMetals is pleased to announce a non-brokered private placement of $7.5 million (the Offering ) through the issuance of approximately 17.05 million shares of BeMetals at $0.44 per share to senior gold producer and new strategic investor, B2Gold Corp. (TSX: BTO, NYSE American: BTG, NSX: B2G) ( B2Gold ), subject to successful closing of the Transaction. B2Gold is an existing shareholder of Kronk, owning approximately 15.4 million shares of the com
BeMetals Enters the Gold Sector with Acquisitions in Japan and Announces B2Gold as New Strategic Investor
theusnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from theusnews.com Daily Mail and Mail on Sunday newspapers.
BeMetals Enters the Gold Sector with Acquisitions in Japan and Announces B2Gold as New Strategic Investor
pittsburghstar.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from pittsburghstar.com Daily Mail and Mail on Sunday newspapers.