Brief: Arizona Gold And Golden Predator Announce Consolidation Of Near-Term Gold Production In North America

Sabre Gold Mines

28/06/2021 22:13

June 28 (Reuters) - Arizona Gold Corp  AZG.TO :
    * ARIZONA GOLD AND GOLDEN PREDATOR ANNOUNCE CONSOLIDATION OF
NEAR-TERM GOLD PRODUCTION IN NORTH AMERICA
    * ARIZONA GOLD - UPON COMPLETION, EXISTING ARIZONA & GOLDEN
PREDATOR SHAREHOLDERS WILL OWN ABOUT 55% & 45% OF COMBINED CO
COMMON SHARES, RESPECTIVELY
    * ARIZONA GOLD - PURSUANT TO TERMS, ALL ISSUED, OUTSTANDING
COMMON
SHARES OF GOLDEN PREDATOR WILL BE EXCHANGED FOR COMMON SHARES OF
CO AT EXCHANGE RATIO
    * ARIZONA GOLD CORP - COMBINED CO WILL BE MANAGED BY CURRENT
ARIZONA EXECUTIVE TEAM, LED BY BONIFACIO AS PRESIDENT & CEO
    * ARIZONA GOLD - JANET LEE-SHERIFF, CURRENT CEO OF GOLDEN
PREDATOR, WILL CONTINUE IN AN ADVISORY ROLE WITH COMBINED CO
    * ARIZONA GOLD - UPON CLOSING OF TRANSACTION, ARIZONA WILL
CHANGE
ITS NAME TO SABRE GOLD CORP., SUBJECT TO RECEIPT OF ALL
NECESSARY APPROVALS

Source text for Eikon:  ID:nGNXc6qwg5 
Further company coverage:  AZG.TO 

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