- A joint webinar is scheduled for Wednesday, May 26 at 11:00 am EDT
- Stratabound has agreed to acquire all issued and outstanding shares of California Gold
- Stratabound and California Gold will present highlights of the acquisition, benefits for both company’s shareholders, and preliminary plans forward
- Red Cloud Securities Inc. is acting as financial advisor to California Gold in connection with the transaction
- Stratabound Minerals Corp. is a Canadian exploration and development company
- California Gold Mining Inc. is focused on developing its 100%-owned Fremont Project in Mariposa County, California
- Both Stratabound and California Gold opened trading on their respective markets at C$0.17 per share
Stratabound Minerals (SB) and California Gold Mining (CGM) invite shareholders and all other interested parties to a joint webinar.
The webinar is scheduled for Wednesday, May 26 at 11:00 am EDT.
On April 21, 2021, Stratabound announced it had agreed to acquire all of the issued and outstanding shares of California Gold by way of a court-approved plan of arrangement.
The transaction has been approved by both the Boards of California Gold and Stratabound and is on track to close by July 2021.
A California Gold shareholder vote with respect to the transaction is scheduled for June 15, 2021.
Further details of the transaction are set out in a circular that has been mailed to California Gold shareholders.
During the webinar, Stratabound and California Gold will jointly present the rationale for and highlights of the business combination, benefits for both company’s shareholders, and preliminary plans forward for the resulting pro forma company upon close of the transaction, with a focus on California Gold’s Fremont gold project.
To access the webinar, participants will need to register in advance through the following link: https://www.redcloudfs.com/rcwebinar-cgm-sb/
A video of the webinar will be posted at the same link shortly after the event has concluded.
Red Cloud Securities Inc. is acting as financial advisor to California Gold in connection with the transaction.
Stratabound Minerals Corp. is a Canadian exploration and development company focused on gold exploration at its flagship Golden Culvert Project, Yukon Territory and its new McIntyre Brook Project, New Brunswick.
California Gold Mining Inc.’s flagship Fremont gold project is located in Mariposa County, California.
Stratabound Minerals Corp. (SB) opened trading at C$0.17 per share.
California Gold Mining Inc. (CGM) opened at C$0.17 per share.
