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Galane Gold Ltd. (TSXV:GG) announced an update on its previously announced proposed acquisition of Galaxy Gold Mining Ltd.
Galane Gold Ltd. (TSXV:GG) announced an update on its previously announced proposed acquisition of Galaxy Gold Mining Ltd.
As quoted from the press release:
The acquisition of Galaxy is subject to the satisfaction or waiver of various closing conditions including the completion of due diligence by the company and the receipt of various approvals, including the approval of the TSX Venture Exchange. Galane Gold and the majority shareholders of Galaxy are continuing the process of satisfying the conditions precedent and have agreed to extend the closing date to Oct. 15, 2015.
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