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Tag: merger

First Cobalt Signs LOI with CobalTech

First Cobalt Corp. (TSXV:FCC)(OTCQB:FTSSF) (the “Company”) is pleased to announce it has entered into a non-binding letter of intent (“LOI”) to acquire all of the issued and outstanding shares of CobalTech Mining Inc. (TSX VENTURE:CSK), an arm’s length party, through a negotiated share exchange transaction.

CobalTech has assembled a strong portfolio

New to the the Investing News Network June 2017

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Stillwater Mining Company Announces Completion of Acquisition by Sibanye

Stillwater Mining (“Stillwater”) today announced that it has completed its merger with an indirect wholly-owned subsidiary of Sibanye Gold (“Sibanye”), pursuant to which Sibanye acquired Stillwater for $18.00 per share in cash.
Stillwater President and CEO Mick McMullen commented:
 “I am grateful for the hard work of our employees and management team in

PotashCorp Reports First-Quarter Earnings of $0.18 per Share

Listed: TSX, NYSE
Symbol: POT

Key Highlights

First-quarter earnings of $0.18 per share
Cash provided by operating activities of $223 million
Rocanville ramp-up well underway; on track to reduce company-wide potash cost of goods sold by approximately $10 per tonne in 2017
Full-year 2017 guidance increased to $0.45-$0.65 per share, including merger-related

South State Corporation Announces Merger with Park Sterling Corporation

South State (NASDAQ:SSB) and Park Sterling (NASDAQ:PSTB) have announced the signing of a definitive merger agreement.

As quoted in the press release:
Combining the two companies will create a $14.5 billion in assets franchise operating throughout the Carolinas, Virginia and Georgia.

Headquartered in Charlotte, North Carolina, Park Sterling Corporation is the holding company

TrackX Increases Bought Deal Financing to $5.2 Million

TrackX Holdings (TSXV:TKX) has announced it has increased its previously announced bought deal private placement offering to 13,684,210 units at $0.38 each for gross proceeds of $5,199,999.80.

As quoted in the press release:
The Offering is expected to close (the “Closing”) on or about May 8, 2017 and is subject to certain

Silvermet Provides Corporate Update

THIS NEWS RELEASE IS INTENDED FOR DISTRIBUTION IN CANADA ONLY AND IS NOT AUTHORIZED FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES.

Silvermet Inc. (“Silvermet” or the “Company”) (TSX VENTURE:SYI) is pleased to provide an update on its potential combination with Global Atomic Fuels Corporation

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