• Connect with us
    • Information
      • About Us
      • Contact Us
      • Careers
      • Partnerships
      • Advertise With Us
      • Authors
      • Browse Topics
      • Events
      • Disclaimer
      • Privacy Policy
    • WORLD EDITION
      Australia
      North America
      World
    Login
    Investing News NetworkYour trusted source for investing success
    • WORLD EDITION
      North America
      Australia
      World
    • My INN
    Videos
    Companies
    Press Releases
    Private Placements
    SUBSCRIBE
    • Reports & Guides
      • Market Outlook Reports
      • Investing Guides
    • Button
    Resource
    • Precious Metals
    • Battery Metals
    • Base Metals
    • Energy
    • Critical Metals
    Tech
    Life Science
    Battery Metals Market
    Battery Metals News
    Battery Metals Stocks
    • Battery Metals Market
    • Battery Metals News
    • Battery Metals Stocks

    Flinders Resources and Big North Graphite to Extend Merger Due Diligence

    Teresa Matich
    Nov. 03, 2014 03:10PM PST
    Battery Metals

    Big North Graphite (TSXV:NRT) and Flinders Resources Limited (TSXV:FDR) have agreed to extend the due diligence period to November 30 2014, further to a joint news release dated October 21 2014. The extension is necessary to allow for additional time to finalize key due diligence matters and to enter into a definitive agreement.

    Big North Graphite (TSXV:NRT) and Flinders Resources Limited (TSXV:FDR) have agreed to extend the due diligence period to November 30 2014, further to a joint news release dated October 21 2014. The extension is necessary to allow for additional time to finalize key due diligence matters and to enter into a definitive agreement.

    Under the Letter Agreement, Flinders will acquire all of the issued and outstanding common shares of Big North by way of a plan of arrangement under the Business Corporations Act (British Columbia) (the “Arrangement”). Upon completion of the Arrangement, Big North will become a wholly-owned subsidiary of Flinders.

    Under the terms of the Arrangement, Big North shareholders will receive one Flinders common share (a “Flinders Share”) for each nine Big North common shares (the “Big North Shares”) resulting in the issuance of approximately 9 million Flinders Shares in exchange for 81 million Big North Shares.

    Click here to read the Big North Graphite (TSXV:NRT) press release
    Click here to see the Big North Graphite (TSXV:NRT) profile.

    flinders resourcesflinders resources limitedtsxv:fdrbig north graphitetsxv:nrt
    The Conversation (0)

    Go Deeper

    AI Powered
    Uranium Investing

    Forum Uranium Completes Ground EM Survey at Fir Island, Athabasca Basin, Saskatchewan

    Bathurst Minerals Announces High Grade Gold Assay Results from Summer Sampling Program on the TED Gold Showing Turner Lake Project Area, Nunavut

    Latest News

    Outlook Reports

    Resource
    • Precious Metals
      • Gold
      • Silver
    • Battery Metals
      • Lithium
      • Cobalt
      • Graphite
    • Energy
      • Uranium
      • Oil and Gas
    • Base Metals
      • Copper
      • Nickel
      • Zinc
    • Critical Metals
      • Rare Earths
    • Industrial Metals
    • Agriculture
    Tech
      • Artificial Intelligence
      • Cybersecurity
      • Gaming
      • Cleantech
      • Emerging Tech
    Life Science
      • Biotech
      • Cannabis
      • Psychedelics
      • Pharmaceuticals

    Featured Stocks

    More featured stocks

    Browse Companies

    Resource
    • Precious Metals
    • Battery Metals
    • Energy
    • Base Metals
    • Critical Metals
    Tech
    Life Science
    MARKETS
    COMMODITIES
    CURRENCIES
    ×