Brief: Monarch Gold Acquires 14.2 Pct Of Unigold

Unigold

09/05/2019 12:39

May 9 (Reuters) - Monarch Gold Corp  MQR.TO :
    * MONARCH GOLD ACQUIRES 14.2% OF UNIGOLD
    * MONARCH GOLD CORP - ACQUIRED A BLOCK OF 6.5 MILLION SHARES
OF
UNIGOLD
    * MONARCH GOLD CORP - OTHER MAJOR SHAREHOLDERS OF UNIGOLD
ARE
OSISKO GOLD ROYALTIES LTD. (14.7%) AND EVANACHAN LIMITED
    * MONARCH GOLD CORP - ISSUED 3.25 MILLION SHARES OF ITS
SHARE
CAPITAL, WHICH WILL BE ESCROWED FOR 24 MONTHS, AS DEAL
CONSIDERATION

Source text for Eikon:  ID:nPn8ZJPbya 
Further company coverage:  MQR.TO 

 (Reuters.Briefs@thomsonreuters.com)