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Granite Creek Copper Acquires 30 Percent of Copper North Mining
Dec. 10, 2019 05:45AM PST
Base Metals Investing Granite Creek Copper announced that it has completed its previously announced acquisition of 26,146,233 common shares of Copper North Mining.
Granite Creek Copper (TSXV:GCX) announced that it has completed its previously announced acquisition of 26,146,233 common shares of Copper North Mining (TSXV:COL), representing approximately 30 percent of the outstanding Copper North shares, for 10,529,663 Granite Creek common shares.
As quoted from the press release:
“We are pleased to have completed the acquisition which we believe will be accretive for both companies due to their adjoining claim blocks which share many synergies, including common geology, infrastructure and expanded exploration potential,” commented Tim Johnson, CEO of Granite Creek.