Brief: Troilus To Acquire Urbangold Minerals In All-Share Transaction

Troilus Mining

23/03/2021 11:29

March 23 (Reuters) - Troilus Gold Corp  TLG.TO :
    * TROILUS TO ACQUIRE URBANGOLD MINERALS IN ALL-SHARE
TRANSACTION
    * TROILUS GOLD CORP - URBANGOLD SHAREHOLDERS WILL RECEIVE
0.3004
OF CO'S COMMON SHARE FOR EACH URBANGOLD SHARE
    * TROILUS GOLD CORP - DEAL FOR A TOTAL CONSIDERATION OF
ABOUT C$19
MILLION
    * TROILUS GOLD CORP - URBANGOLD MANAGEMENT AND BOARD HAVE
ENTERED
INTO SUPPORT AGREEMENTS WITH TROILUS

Source text for Eikon:  ID:nGNX7lYRVF 
Further company coverage:  TLG.TO 

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