Gold Digger Resources Inc (TSE:GDIG) has released an update.
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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.
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