• Talisker Resources has acquired all of the issued and outstanding common shares of New Carolin Gold
  • Under the terms of the arrangement, former New Carolin shareholders received 0.3196 of a common share of Talisker for each share of New Carolin
  • New Carolin’s common shares will be de-listed from the TSXV as of the close of business on September 16
  • New Carolin Gold is a Canadian-based junior company focused on the exploration, evaluation and development of its Ladner Gold Project
  • New Carolin Gold Corp. (LAD) is currently trading at C$0.085 per share

Talisker Resources has acquired all of the issued and outstanding common shares of New Carolin Gold (LAD).

New Carolin is now a wholly-owned subsidiary of Talisker.

Under the terms of the arrangement, former New Carolin shareholders received 0.3196 of a common share of Talisker for each share of New Carolin. In addition, options and warrants became exercisable for common shares of Talisker.

New Carolin’s common shares will be de-listed from the TSXV as of the close of business on September 16, 2021. 

New Carolin Gold is a Canadian-based junior company focused on the exploration, evaluation and development of its Ladner Gold Project near Hope BC, consisting of 144 square kilometres of contiguous mineral claims and crown grants.

New Carolin Gold Corp. (LAD) is currently trading at C$0.085 per share.

More From The Market Online
GoGold - GoGold Resources' Parral operation in Mexico.

Three mining stocks that look cheap with gold at all-time highs

If you've noticed that gold mining stocks haven't been tracking gold's recent ascension to all-time highs, you aren't alone.

Pegmatite One options Dort Gold Property in B.C.

Pegmatite One (CSE:PGA) enters into an agreement with Bernie Kreft to earn a 100 per cent interest in the Dort project.

GoviEx Uranium must break ground in Niger to keep permit

GoviEx Uranium (TSXV:GXU) enters discussions with the Government of Niger to restart mining operations at its Madaouela project.

Klondike Gold kicks off property-wide Yukon exploration program

Klondike Gold (TSXV:KG) outlines the 2024 exploration and review of its Klondike District Property in Yukon’s Dawson mining district.