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Blackwolf Completes Acquisition Of Optimum Ventures; Andrew Bowering Joins The Board Of Directors

PRIVATESep 12, 2023

Acquiring Company

Blackwolf Copper & Gold Ltd

Acquired Company

Optimum

CambridgeMiningMineralBlockchainMiningMineral

Description

Blackwolf Copper and Gold Ltd. (“Blackwolf”, or the “Company”) (TSXV: BWCG, OTC:BWCGF) and Optimum Ventures Ltd. (“Optimum”) (TSXV: OPV) are pleased to announce that they have completed their previously announced plan of arrangement, pursuant to which the Company acquired all the issued and outstanding shares of Optimum, and, in exchange, shareholders of Optimum received 0.65 of a common share of Blackwolf for each Optimum share held (the “Transaction”). In addition, Andrew Bowering, mining entrepreneur, a founder of Optimum, has joined the Company’s board of directors, replacing Don Birak, who stepped down effective September 12, 2023.

Quick answer

Blackwolf Copper & Gold Ltd is acquiring Optimum, announced September 12, 2023.

How much did Blackwolf Copper & Gold Ltd pay for Optimum?
The deal value was not disclosed.
What does Blackwolf Copper & Gold Ltd do?
Blackwolf’s founding vision is to be an industry leader in transparency, inclusion and innovation.
Where are Blackwolf Copper & Gold Ltd and Optimum based?
Optimum is based in Cambridge, Massachusetts, United States.
Who are the decision-makers at Blackwolf Copper & Gold Ltd?
Fundz holds 1 contact at Blackwolf Copper & Gold Ltd. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

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Company Information

Company

Blackwolf Copper & Gold Ltd

Location

3123-595 BURRARD STREET

About

Blackwolf’s founding vision is to be an industry leader in transparency, inclusion and innovation. Guided by our Vision and through collaboration with local and Indigenous communities and stakeholders, Blackwolf builds shareholder value through our technical expertise in mineral exploration, engineering and permitting. The Company holds a 100% interest in the high-grade Niblack copper-gold-zinc-silver VMS project, located adjacent to tidewater in southeast Alaska as well as six Hyder Area gold-silver and base metal properties in southeast Alaska and northwest British Columbia in the Golden Triangle, including the Cantoo and Harry properties.

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Frequently asked

Who acquired Optimum?

Optimum was acquired by Blackwolf Copper & Gold Ltd. The deal was reported on September 12, 2023. Blackwolf’s founding vision is to be an industry leader in transparency, inclusion and innovation. Blackwolf Copper & Gold Ltd is privately held and operates in Mining.

When did Blackwolf Copper & Gold Ltd acquire Optimum?

Blackwolf Copper & Gold Ltd's acquisition of Optimum was reported on September 12, 2023. Blackwolf Copper and Gold Ltd. (“Blackwolf”, or the “Company”) (TSXV: BWCG, OTC:BWCGF) and Optimum Ventures Ltd. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Optimum do?

Optimum is the world's first decentralized high-performance memory infrastructure for any blockchain. It is privately held, operating in Blockchain, and is based in Cambridge.

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