Pilot Gold Fixes Fair Value of Pilot Gold Shares Issued Pursuant to Plan of Arrangement

Gold Investing

Pilot Gold Inc. (TSE:PLG) announced a determination of the fair value of one share of the company’s stock at $2.76.

Pilot Gold Inc. (TSX:PLG) announced a determination of the fair value of one share of the company’s stock at $2.76.

The press release is quoted as saying:

Under the Plan of Arrangement, each common share of Fronteer Gold (“Fronteer Common Share”) was exchanged for one Class A Share of Fronteer Gold and one Pilot Gold common share on April 6, 2011.

Click here to read the entire news release.

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