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Mountain Boy Minerals ( (TSE:MTB) ) just unveiled an announcement.
MTB Metals Corp. has filed materials for a special meeting regarding a proposed arrangement with ExGen Resources Inc., where ExGen will acquire all of MTB’s shares, resulting in MTB’s securityholders owning approximately 36.88% of the combined entity. Additionally, MTB has filed a technical report for its Telegraph Property, a copper-gold project that will be transferred to ExGen upon completion of the arrangement.
More about Mountain Boy Minerals
MTB Metals Corp. is engaged in advancing copper-gold projects in the Golden Triangle of northern British Columbia. The company focuses on two main properties: the Telegraph property, which is strategically located near significant porphyry deposits, and the Southmore property.
Average Trading Volume: 317,048
Technical Sentiment Signal: Strong Sell
Current Market Cap: C$3.22M
For detailed information about MTB stock, go to TipRanks’ Stock Analysis page.