Announced
Synopsis
Gold Candle, a company that identifies and advances gold resources, agreed to acquire Fokus Mining, a mineral exploration company focused on identifying and developing high-quality mineral assets, for CAD65m. “This transaction represents an exceptional outcome for shareholders of Fokus. We are proud of our accomplishments, land acquisitions and the work completed to advance our business over the last several years. We are particularly excited to see those efforts translate into immediate and tangible value for our shareholders,” Philippe MacKay, Fokus President and CEO.
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