Tudor Gold Corp. (TSXV: TUD) has entered into an amended and restated arrangement agreement dated August 10, 2022 with Goldstorm Metals Corp., its wholly-owned subsidiary, in connection with the proposed spin-off of the company’s six contiguous mineral properties located in the Golden Triangle Area in north-western British Columbia.
Further to the company’s news release dated August 4, 2022 and pursuant to the Amended Agreement, the company clarifies that August 3, 2022 is only the record date for voting at the company’s annual general and special meeting to be held on September 7, 2022 and that all Tudor Gold shareholders will receive approximately 0.251 of a common share of Goldstorm for every one common share of Tudor Gold held.
About Tudor Gold
TUDOR GOLD Corp. is a precious and base metals exploration and development company with properties in British Columbia’s Golden Triangle (Canada), an area that hosts producing and past-producing mines and several large deposits that are approaching potential development.
The 17,913 hectare Treaty Creek project (in which TUDOR GOLD has a 60% interest) borders Seabridge Gold Inc.’s KSM property to the southwest and borders Pretium Resources Inc.’s Brucejack property to the southeast. In April 2021 Tudor published their 43-101 technical report, “Technical Report and Initial Mineral Resource Estimate of the Treaty Creek Gold Property, Skeena Mining Division, British Columbia Canada” dated March 1, 2021 on the company’s Sedar profile. The Company also has a 100% interest in the Crown project and a 100% interest in the Eskay North project, all located in the Golden Triangle area.
For further information please visit: https://tudor-gold.com/
