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The latest announcement is out from Baroyeca Gold & Silver ( (TSE:BGS) ).
Baroyeca Gold & Silver Inc. has announced an amendment to its proposed business combination with Terra Rossa Gold Ltd., which includes a concurrent private placement by Terra Rossa to raise $3.5 million. This transaction involves a share consolidation and is expected to result in a significant increase in the number of shares for the resulting issuer, potentially impacting the company’s market position and shareholder value.
More about Baroyeca Gold & Silver
Baroyeca Gold & Silver Inc. operates in the mining industry, focusing on the exploration and development of gold and silver resources. The company is based in Vancouver, British Columbia, and is listed on the TSX Venture Exchange under the symbol BGS.
Technical Sentiment Consensus Rating: Buy
Current Market Cap: C$1.72M
See more insights into BGS stock on TipRanks’ Stock Analysis page.