Don’t Miss TipRanks’ Half Year Sale
- Take advantage of TipRanks Premium for 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
- Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week.
Pace Metals ( (TSE:PACE) ) has provided an announcement.
Pace Metals Ltd. has entered into a definitive agreement to acquire Compton Mining Corp. through a reverse takeover, resulting in a name change to Total Metals Corp. This strategic move will consolidate the assets and liabilities of both companies, positioning the resulting issuer to continue Compton’s business operations. The transaction is subject to several conditions, including a private placement by Compton and approvals from the TSX Venture Exchange and shareholders. The new leadership team will include Tyler Thorburn as CEO, with a focus on enhancing the company’s market position in the mining sector.
More about Pace Metals
Pace Metals Ltd. operates in the mining industry, focusing on the acquisition and development of mineral resources. The company is involved in resource exploration, development, and extraction projects.
Technical Sentiment Signal: Buy
Current Market Cap: $447.3K
Find detailed analytics on PACE stock on TipRanks’ Stock Analysis page.