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AuRico Metals Inc. (TSX: AMI), (“AuRico” or the “Company”) is pleased to announce the closing of the previously announced plan of arrangement (the “Arrangement”) pursuant to which AuRico acquired 100% of the outstanding common shares of Kiska Metals Corporation (“Kiska”), other than the Kiska shares already owned by AuRico. Kiska is now a wholly-owned subsidiary …
AuRico Metals Inc. (TSX: AMI), (“AuRico” or the “Company”) is pleased to announce the closing of the previously announced plan of arrangement (the “Arrangement”) pursuant to which AuRico acquired 100% of the outstanding common shares of Kiska Metals Corporation (“Kiska”), other than the Kiska shares already owned by AuRico. Kiska is now a wholly-owned subsidiary of AuRico.
As quoted in the press release:
AuRico’s President & CEO Chris Richter commented, “We are very pleased to close this accretive transaction which further broadens our royalty portfolio pipeline in North America and preserves our strong balance sheet. With a well-diversified portfolio of royalties in place and several key upcoming catalysts expected at Kemess in the near-term, we remain very well positioned for an exciting year ahead.”
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