Gold Digger Resources Inc (TSE:GDIG) has released an update.
Claim 30% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Gold Digger Resources Inc. is set to acquire Premium Uranium Corporation, which will result in Premium Uranium becoming a wholly-owned subsidiary and adding the uranium-rich UA92 Project in Botswana to Gold Digger’s portfolio. The deal, expected to close by July 31, 2024, includes the issue of over 13 million common shares of Gold Digger to the vendors as consideration. Post-acquisition, Gold Digger’s management will receive support from the vendors in director appointments for a year, with Premium Uranium gaining the right to appoint a director as well.
For further insights into TSE:GDIG stock, check out TipRanks’ Stock Analysis page.