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The latest update is out from Imperial Ginseng Products ( (TSE:IGP) ).
Imperial Ginseng Products Ltd. has received conditional approval from the TSX Venture Exchange for a reverse takeover transaction with One Bullion Limited, a gold exploration company. This transaction involves a merger and share consolidation, positioning the combined entity as a Tier 2 Mining Issuer, which could significantly impact the company’s market focus and operational strategy.
More about Imperial Ginseng Products
Imperial Ginseng Products Ltd. operates in the ginseng industry, focusing on the production and distribution of ginseng products. The company is listed on the TSX Venture Exchange and is currently undergoing a strategic shift through a reverse takeover transaction.
Technical Sentiment Signal: Buy
Current Market Cap: C$711.7K
Learn more about IGP stock on TipRanks’ Stock Analysis page.