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Share Name | Share Symbol | Market | Type |
---|---|---|---|
Monarch Mining Corporation | TSX:GBAR | Toronto | Common Stock |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 0.005 | 0.005 | 0.005 | 0 | 01:00:00 |
The Corporation has entered into an asset purchase agreement with Probe Gold Inc. (“Probe”) for the sale of the Beaufor Property and the McKenzie Break Property to Probe.
The Corporation also entered into an asset purchase agreement with Bullrun Capital Inc. (“Bullrun”) for the sale of the Swanson Property to Bullrun.
These agreements are subject to approval of the Superior Court of Quebec (the “Court”) in the CCAA Proceedings.
Closing of the Transactions are subject to several conditions, including Court approval of the Transaction, and all requisite regulatory approvals. The consideration payable under the Transactions to the Corporation must remain confidential in order to preserve the integrity of the SISP in the event that the conditions precedent are not satisfied.
Neither Toronto Stock Exchange nor its Regulation Services Provider (as that term is defined in the manuals of the Toronto Stock Exchange) accepts responsibility for the adequacy or accuracy of this press release.
Further information regarding the Corporation is available in the SEDAR+ database (www.sedarplus.ca) and on the Corporation’s website at: www.monarchmining.com.
FOR MORE INFORMATION:
Jean-Marc Lacoste | 1-888-994-4465 | |
President and Chief Executive Officer | info@monarchmining.com |
1 Year Monarch Mining Chart |
1 Month Monarch Mining Chart |
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