Mako Mining Completes Goldsource Acquisition
Company Announcements

Mako Mining Completes Goldsource Acquisition

Goldsource Mines (TSE:GXS) has released an update.

Mako Mining Corp. has successfully completed its acquisition of Goldsource Mines Inc., taking over the Eagle Mountain Gold Project in Guyana as Goldsource’s shares are set to be delisted from the TSX Venture Exchange. Following the transaction, Mako’s board of directors welcomes Eric Fier as Non-executive Chairman and anticipates further management appointments. Despite Mako’s largest shareholder, Wexford Capital LP, experiencing an 8.26% dilution in its holdings, it remains a significant investor with plans to potentially adjust its position in Mako.

For further insights into TSE:GXS stock, check out TipRanks’ Stock Analysis page.

Related Articles
TipRanks Canadian Auto-Generated NewsdeskGoldsource Shareholders Greenlight Mako Merger
TipRanks Canadian Auto-Generated NewsdeskAdvisory Firms Back Goldsource-Mako Merger
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App