Solitario Exploration & Royalty has announced its plans to acquire the entire issued and outstanding common shares of Zazu Metals Corporation
Also involved in the deal will be the issue of 0.3572 in common shares of Solitario in exchange for each Zazu share.
Go deeper with GlobalData
Former Zazu shareholders will hold approximately 34% of the issued and outstanding shares of the combined company following the transaction.
Solitario Exploration & Royalty is an exploration-stage company focused on acquiring precious and base metal properties, while Zazu Metals is involved in mineral exploration.
Both companies involved are based in the US.
Lakes Oil has announced the acquisition of 100% stake in gold exploration and mineralisation services company Mingoola Gold from Dark Horse Resources for a consideration of A$1 ($0.74).
How well do you really know your competitors?
Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.
Thank you!
Your download email will arrive shortly
Not ready to buy yet? Download a free sample
We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form
By GlobalDataLake Oil is an oil and gas business, while Dark Horse Resources is a diversified natural resources exploration company.
All companies involved in the transaction are based in Australia.
