- Dundee Precious Metals (INV) has completed the company’s acquisition of INV Metals
- The company has acquired all issued and outstanding common shares of INV Metals
- INV Metals’ primary asset is its 100-per-cent interest in the Loma Larga gold exploration and development property in Ecuador
- INV Shares are expected to be de-listed from the Toronto Stock Exchange after the end of trading on or about July 27
- INV Metals is an international mineral resource company
- Dundee Precious Metals is up 2.36 per cent, trading at $7.36 at 11:32 am ET
Dundee Precious Metals (INV) has completed the company’s acquisition of INV Metals.
The Toronto-based mineral exploration company has acquired all issued and outstanding common shares of INV Metals.
Under terms of the agreement, each INV Metals shareholder will receive 0.0910 of a DPM common share for each INV Share held.
The INV Shares are expected to be de-listed from the Toronto Stock Exchange after the end of trading on or about July 27.
Dundee Precious Metals is an international gold mining company engaged in the acquisition, exploration, development, mining and processing of precious metals.
Dundee Precious Metals will announce its earnings results after the market closes on Thursday, July 29th.
Earlier this month, the company announced it had achieved a new record for gold production in the second quarter as a result of strong performance from its mining operations.
INV Metals is an international mineral resource company focused on the acquisition, exploration and development of precious and base metal projects in Ecuador.
Dundee Precious Metals is up 2.36 per cent, trading at $7.36 at 11:32 am ET.
