TomaGold Corporation extends East Block acquisition term with Chibougamau Independent Mines Inc.
Acquiring Company
TomaGold Corporation
Acquired Company
Chibougamau Independent Mines
MontrealRouyn-NorandaMiningPrecious MetalsMineralMiningMineralDescription
TomaGold Corporation has extended the “Option to Purchase” with Chibougamau Independent Mines Inc. until April 30, 2024, to finalize the financing to acquire Chibougamau’s East Block copper-gold properties. The purchase price has been adjusted upward by $500,000 since the original agreement. Additionally, TomaGold Corporation clarifies the share pricing for the acquisition of the Chibougamau Mining Camp properties.
Quick answer
TomaGold Corporation is acquiring Chibougamau Independent Mines, announced April 12, 2024. TomaGold Corporation is based in Montreal, Quebec, Canada.
- How much did TomaGold Corporation pay for Chibougamau Independent Mines?
- The deal value was not disclosed.
- What does TomaGold Corporation do?
- TomaGold Corporation (TSXV: LOT) (OTCQB: TOGOF) is a Canadian mineral exploration company engaged in the acquisition, assessment, exploration and development of gold, copper, rare earth elements and lithium projects.
- Where are TomaGold Corporation and Chibougamau Independent Mines based?
- TomaGold Corporation is based in Montreal, Quebec, Canada. Chibougamau Independent Mines is based in Rouyn-Noranda, Quebec, Canada.
Source: Fundz verified event record.
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Frequently asked
Who acquired Chibougamau Independent Mines?
Chibougamau Independent Mines was acquired by TomaGold Corporation, based in Montreal. The deal was reported on April 12, 2024. TomaGold Corporation (TSXV: LOT) (OTCQB: TOGOF) is a Canadian mineral exploration company engaged in the acquisition, assessment, exploration and development of gold, copper, rare earth elements and lithium projects. TomaGold Corporation is privately held and operates in Mining.
When did TomaGold Corporation acquire Chibougamau Independent Mines?
TomaGold Corporation's acquisition of Chibougamau Independent Mines was reported on April 12, 2024. TomaGold Corporation has extended the “Option to Purchase” with Chibougamau Independent Mines Inc. until April 30, 2024, to finalize the financing to acquire Chibougamau’s East Block copper-gold properties. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Chibougamau Independent Mines do?
Chibougamau Independent Mines Inc. is a company listed on the TSX Venture Exchange in Canada, and also on the Frankfurt, Stuttgart, Berlin, and Lang & Schwarz Stock Exchanges in Germany, as well as the OTC market in the US. It is privately held, operating in Mining, and is based in Rouyn-Noranda.
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