Eskay Mining (TSE:ESK) has released an update.
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Eskay Mining Corp. is set to acquire P2 Gold Inc., aiming to become a powerhouse in gold and copper exploration and development within the coveted Golden Triangle and Nevada territories. Shareholders can anticipate owning respective portions of the new entity, with Eskay shareholders looking at an 80% stake and P2 shareholders at 20%. This strategic move will leverage the expertise of industry veterans to focus on advancing the promising Eskay-Corey Property and the Gabbs property in Nevada.
For further insights into TSE:ESK stock, check out TipRanks’ Stock Analysis page.
