|Bid||0.7800 x 0|
|Ask||0.8000 x 0|
|Day's Range||0.7900 - 0.8100|
|52 Week Range||0.1600 - 0.8400|
|Beta (5Y Monthly)||N/A|
|PE Ratio (TTM)||N/A|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||0.45|
With completion of the Arrangement Wallbridge has now acquired 100% of the issued and outstanding common shares (the “Balmoral Shares”) of Balmoral in exchange for consideration of 0.71 of a common share of Wallbridge for each Balmoral Share. “With the completion of the Arrangement, Wallbridge now controls a district-scale land position along the Detour-Fenelon Gold Trend, a major structure that hosts the Detour Lake gold mine, the Fenelon gold project and numerous other gold exploration and development projects,” said Marz Kord, President & CEO of Wallbridge.
Balmoral Resources Ltd. (TSX:BAR; OTCQX:BALMF) (“Balmoral”) announces that it has obtained the final order from the Supreme Court of British Columbia approving the previously announced plan of arrangement with Wallbridge Mining Company Limited (“Wallbridge”) pursuant to which Wallbridge has agreed to acquire all of the issued and outstanding shares of Balmoral (the “Balmoral Shares”) in exchange for consideration of 0.71 of a common share of Wallbridge for each Balmoral Share (the “Transaction”), as described in Balmoral’s information circular dated March 27, 2020 (the “Circular”). It is currently anticipated that the Transaction will close on May 22, 2020, subject to the satisfaction and/or waiver of all conditions precedent.
Toronto, Ontario--(Newsfile Corp. - May 8, 2020) - Eric Sprott announces that, between May 4th and May 8th, 2020, 2176423 Ontario Ltd., a corporation which is beneficially owned by him, acquired ownership of 4,500,000 common shares of Balmoral Resources Ltd. over the Toronto Stock Exchange (representing approximately 2.5% of the outstanding shares on a non-diluted basis) at an average price of approximately $0.64 per share for aggregate consideration of approximately $2,871,900.Mr. Sprott now beneficially ...