Brief: Eskay Mining Says Co And P2 Gold Agree To Combine To Focus On Gold And Copper Exploration And Development In The Golden Triangle And Nevada

P2 Gold

04/06/2024 19:52

June 4 (Reuters) - Eskay Mining Corp  ESK.V :
    * ESKAY MINING AND P2 GOLD AGREE TO COMBINE TO FOCUS ON GOLD
AND
COPPER EXPLORATION AND DEVELOPMENT IN THE GOLDEN TRIANGLE AND
NEVADA
    * ESKAY MINING CORP - UPON COMPLETION OF PROPOSED
TRANSACTION,
EXISTING ESKAY SHAREHOLDERS ARE EXPECTED TO OWN APPROXIMATELY
80% OF COMBINED COMPANY
    * ESKAY MINING-UNDER DEAL,EACH OUTSTANDING COMMON SHARE IN
CAPITAL
OF P2 ON A DILUTED BASIS, TO BE EXCHANGED FOR 0.2778 OF COMMON
SHARE IN CAPITAL OF CO
    * ESKAY MINING CORP -  P2 SHAREHOLDERS ARE EXPECTED TO OWN
APPROXIMATELY 20% OF COMBINED COMPANY

Source text for Eikon:  ID:nCNWKRDCva 
Further company coverage:  ESK.V 

 ((Reuters.Briefs@thomsonreuters.com;))