Eros Resources Completes Merger with Rockridge and MAS Gold

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Eros Resources Completes Merger with Rockridge and MAS Gold

Rockridge Resources ( (TSE:ROCK) ) just unveiled an announcement.

Eros Resources, MAS Gold, and Rockridge Resources have completed a significant three-way merger, resulting in Rockridge and MAS Gold becoming wholly-owned subsidiaries of Eros. This merger consolidates high-grade gold and copper assets, marking a strategic expansion for Eros Resources and impacting shareholder distributions, with Eros shareholders owning 42.37% of the combined entity.

More about Rockridge Resources

Rockridge Resources Ltd. operates within the mining industry, focusing on high-grade gold and copper assets in Saskatchewan. The company was involved in a strategic merger to enhance its market position and resource portfolio.

YTD Price Performance: 10.0%

Average Trading Volume: 42,720

Technical Sentiment Consensus Rating: Buy

Current Market Cap: $1.3M

See more data about ROCK stock on TipRanks’ Stock Analysis page.

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