Eros Resources (TSE:ERC) has released an update.
Eros Resources Corp., MAS Gold Corp., and Rockridge Resources Ltd. have announced a definitive agreement to merge into a new entity focused on high-grade gold and copper exploration in Saskatchewan, Canada. The merger will combine their assets and expertise to form a company with a strong balance sheet, valued at over $7.5 million, and a rebranding strategy aimed at maximizing shareholder value. The new company’s board and management team will leverage their extensive experience to explore and develop their combined 77,890 hectares of mineral claims.
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