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Pace Metals Announces Reverse Takeover with Compton Mining

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Pace Metals Announces Reverse Takeover with Compton Mining

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An update from Pace Metals ( (TSE:PACE) ) is now available.

Pace Metals Ltd. has announced its filing statement for a proposed reverse takeover with Compton Mining Corp., which has received conditional approval from the TSX Venture Exchange. The transaction, which does not require shareholder approval from Pace due to its non-related party status, will result in the company being renamed Total Metals Corp. and resuming trading under a new symbol, TT, upon completion. Compton Mining has already closed the first tranche of a private placement to support the transaction, raising $1,315,000.

More about Pace Metals

Technical Sentiment Signal: Sell

Current Market Cap: C$681.4K

See more data about PACE stock on TipRanks’ Stock Analysis page.

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