Brief: Rapier To Be Acquired By GFG Resources

GFG Resources

11/12/2017 12:00

Dec 11 (Reuters) - Rapier Gold Inc  RPR.V : 
    * RAPIER TO BE ACQUIRED BY GFG RESOURCES INC. 
    * RAPIER GOLD - GFG WILL ACQUIRE ALL OF ISSUED AND 
OUTSTANDING 
COMMON SHARES OF RAPIER ON BASIS OF 0.15 OF A COMMON SHARE OF 
GFG FOR EACH RAPIER SHARE 
    * RAPIER GOLD - GFG ALSO ENTERED INTO SEPARATE AGREEMENTS TO 
ACQUIRE WEST PORCUPINE PROPERTY FROM PROBE METALS INC FOR C$3.5 
MILLION PAYABLE IN GFG SHARES 
    * RAPIER GOLD INC - GFG ALSO ENTERED INTO SEPARATE 
AGREEMENTS TO 
ACQUIRE SWAYZE PROJECT FROM OSISKO MINING INC FOR C$0.6 MILLION 
PAYABLE IN GFG SHARES 
    * RAPIER GOLD INC - IN ADDITION, GFG IS PROPOSING TO 
COMPLETE A 
NON-BROKERED PRIVATE PLACEMENT TO RAISE UP TO C$7 MILLION 
 
Source text for Eikon:  ID:nCCN6FQjSa  
Further company coverage:  RPR.V  
 
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