GoldMining Inc. (“GoldMining”) (TSX-V: GOLD; OTCQX: GLDLF) and Bellhaven Copper and Gold Inc. (“Bellhaven” and, together with GoldMining, the “Companies”) are pleased to jointly announce that they have entered into an agreement (the “Agreement”), pursuant to which, among other things, GoldMining will acquire all of the outstanding common shares of Bellhaven (the “Bellhaven Shares”) by way of a plan of arrangement under the Business Corporations Act (British Colombia) (the “Arrangement”).
As quoted in the press release:
Amir Adnani, Chairman of GoldMining, commented: “We are pleased to announce our second major transaction in Colombia, which will further expand our significant land package within the Mid Cauca Belt, one of the most prospective and underexplored gold belts in the world. Beyond the current defined resource base, La Mina hosts several underexplored porphyry targets, which we believe offer excellent opportunities for new gold discoveries in an area of excellent infrastructure.”
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Source: www.newswire.ca
