Rockridge Resources (TSE:ROCK) has released an update.
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Eros Resources, MAS Gold, and Rockridge Resources have agreed to a three-way merger, creating a new company focused on exploring high-grade gold and copper in Saskatchewan, Canada. The merger will result in a combined entity with a seasoned leadership team aimed at developing its mineral resources. Shareholders of the merging companies will receive shares of the new company based on set exchange ratios.
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