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Rockridge Resources ( (TSE:ROCK) ) just unveiled an update.
Rockridge Resources announced that its shareholders have approved a business combination with Eros Resources and MAS Gold. This merger will create a well-financed company primarily focused on gold and copper exploration in Saskatchewan. The deal, which involves Eros acquiring all outstanding shares of Rockridge and MAS Gold, is expected to enhance the company’s market positioning with six exploration projects. The newly formed board of directors and the appointment of auditors were also confirmed during the meeting.
More about Rockridge Resources
Rockridge Resources Ltd. operates in the mining industry with a focus on gold and copper exploration. The company’s operations are centered around the La Ronge gold belt in Saskatchewan, bolstered by a strong portfolio of exploration projects.
YTD Price Performance: 20.0%
Average Trading Volume: 52,855
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $1.57M
Find detailed analytics on ROCK stock on TipRanks’ Stock Analysis page.
