Barsele Minerals completed the merger with Gold Line Resources in a $18m deal.

Barsele Minerals, a Canadian junior mineral exploration company, completed the merger with Gold Line Resources, a mineral exploration company, in a $18m deal. "This Transaction is a unique opportunity to bring together complementary assets and teams to create a leading gold company with a district-scale focus in Scandinavia. Barsele is delighted to welcome Taj Singh as the new President and CEO and Toby Pierce as Chair following closing. The leadership changes and acquisition of Gold Line's district-scale exploration portfolio and the Oijärvi Project allows the creation of a larger, stronger and more diversified company with improved access to capital and one of the largest gold exploration portfolios in Scandinavia," Gary Cope, Barsele President and CEO.