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Rockridge Resources Ltd. (RRRLF)
| Previous Close | 0.0000 |
| Open | 0.0110 |
| Bid | 0.0105 x 0 |
| Ask | 0.0144 x 0 |
| Day's Range | 0.0110 - 0.0110 |
| 52 Week Range | 0.0056 - 0.0176 |
| Volume | |
| Avg. Volume | 27,958 |
| Market Cap | 1.375M |
| Beta (5Y Monthly) | 1.88 |
| PE Ratio (TTM) | N/A |
| EPS (TTM) | -0.0000 |
| Earnings Date | N/A |
| Forward Dividend & Yield | N/A (N/A) |
| Ex-Dividend Date | N/A |
| 1y Target Est | N/A |
- Reuters
Eros Resources to merge with Canadian mining rivals
The Canadian province, home to copper, potash and uranium mines, is known for its mining prowess and contains several unexplored metal deposits. Under the deal terms, Eros would acquire MAS Gold and Rockridge shares that it does not own already by issuing 0.375 Eros common shares to Rockridge shareholders and 0.25 Eros shares to MAS Gold shareholders. After the transaction closes, Eros shareholders would own about 42.37% of the combined company, while MAS Gold and Rockridge shareholders would own 37.33% and 20.3%, respectively.
GlobeNewswireEros Resources, MAS Gold and Rockridge Resources Sign Definitive Agreement to Complete Strategic Three-Way Merger to Create an Advanced High-Grade Gold and Copper Exploration Company in SK, Canada
Vancouver, BC, Oct. 01, 2024 (GLOBE NEWSWIRE) -- Eros Resources Corp. (TSXV:ERC) (OTCQB:EROSF) (“Eros”), MAS Gold Corp. (TSXV: MAS) (“MAS Gold”) and Rockridge Resources Ltd. (TSXV: ROCK) (“Rockridge”) are pleased to announce that they have entered into a business combination agreement (the “Business Combination Agreement”) to combine the companies in a three-way merger transaction (the “Transaction”). Pursuant to the Transaction, Eros will acquire all of the issued and outstanding shares of both
