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McEwen Inc. to Acquire Canadian Gold Corp. in Strategic Move

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McEwen Inc. to Acquire Canadian Gold Corp. in Strategic Move

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Satori Resources ( (TSE:CGC) ) just unveiled an update.

McEwen Inc. and Canadian Gold Corp. have entered into a definitive agreement for McEwen to acquire all outstanding shares of Canadian Gold, making it a wholly-owned subsidiary. This transaction offers Canadian Gold shareholders exposure to McEwen’s diversified portfolio and technical expertise, while McEwen benefits from acquiring a high-grade former producing mine with significant exploration potential, enhancing its development pipeline.

More about Satori Resources

Satori Resources is a company involved in the gold mining industry, focusing on the exploration and development of gold mining projects. Its primary asset is the Tartan Lake Gold Mine Project in Manitoba, Canada, which is a high-grade gold project with existing infrastructure and exploration potential.

Average Trading Volume: 699,997

Technical Sentiment Signal: Buy

Current Market Cap: C$104.9M

For an in-depth examination of CGC stock, go to TipRanks’ Overview page.

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