(MENAFN - Newsfile Corp) GoldSpot Discoveries to Assist in Drill Targeting on Nevada King Gold s Extensive Land Holdings Along the Prolific Battle Mountain Trend
Toronto, Ontario (Newsfile Corp. - April 26, 2021) - GoldSpot Discoveries Corp. (TSXV: SPOT) ( GoldSpot or the Company ) is pleased to announce it has been engaged by Nevada King Gold Corp. (TSXV: NKG) ( Nevada King ), to assist in drill targeting on Nevada King s extensive land holdings along the prolific Battle Mountain Trend, Nevada. GoldSpot has a large, collaborative team of geoscientists and data scientists focused on maximizing the chances of discovery by extracting the most out of all available data utilizing GoldSpot s proprietary machine learning technology and geoscience expertise.
TSX Venture Tier 2 Company
Pursuant to a resolution passed by the shareholders of the Company on December 2, 2020, the Company has consolidated its capital on a fifteen (15) old shares for on (1) new share basis, and the name of the Company has been changed from Gold Rush Cariboo Corp. to Allied Copper Corp.
Effective at the opening of business on Friday, April 9, 2021, the common shares of Allied Copper Corp. will commence trading on the TSX Venture Exchange on a consolidated basis, and the common shares of Gold Rush Cariboo Corp. will be delisted.
The Company is classified as an All other metal ore mining issuer (NAICS Number: 212299).
Victory Metals & Nevada King enter arrangement agreement elkodaily.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from elkodaily.com Daily Mail and Mail on Sunday newspapers.
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Victory Metals Inc. (TSXV:VMX)
( Victory or the Company ) is pleased to announce that, further to its news release dated December 4, 2020 and December 22, 2020, it has closed, subject to final approval of the TSX Venture Exchange (
TSX-V ), the first tranche of its non-brokered private placement financing (the
Private Placement ) of subscription receipts of Victory (
Subscription Receipts ). Pursuant to the Private Placement, Victory issued 27,569,702 Subscription Receipts at a price of $0.55 per Subscription Receipt (the Subscription Price ) for aggregate gross proceeds of $ 15,163,336 million.
Highlights:
Victory originally announced that it intended to complete the Private Placement for a minimum of $8 million. On December 22, 2020 Victory announced an increase in the size of the Private Placement to approximately $17.5 million to accommodate significant excess demand.
Press release content from PR Newswire. The AP news staff was not involved in its creation.
Victory Metals & Nevada King Enter Into Arrangement Agreement
December 15, 2020 GMT
Victory Metals Inc. Logo (CNW Group/Victory Metals Inc)
VANCOUVER, BC, Dec. 15, 2020 /PRNewswire/ - Victory Metals Inc. (TSX-V: VMX) (“Victory”) and Nevada King Mining Ltd. (“Nevada King”), a private B.C. company, are pleased to announce that they have entered into a definitive arrangement agreement (the “Agreement”) dated December 14, 2020, with respect to their previously announced “merger of equals” transaction.
Pursuant to the Agreement, Victory will acquire all of the issued and outstanding shares of Nevada King (“Nevada King Shares”) by way of statutory plan of arrangement (the “Arrangement”) whereby all of the outstanding Nevada King Shares will be exchanged for common shares of Victory (the “Victory Shares”). The shareholders of Nevada King will hold 50% of the issued an