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Eskay buys 19.5% stake in Garibaldi Resources, shares up

Feb 5, 2021

Source: https://www.mining.com/eskay-buys-19-5-stake-in-garibaldi-resources-shares-up/

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Image from Garibaldi Resources.

Eskay Mining (TSXV: ESK) has entered an agreement to acquire approximately 23.7 common shares of Garibaldi Resources (TSXV: GGI), valued at C$10.78 million.

In consideration, Eskay will issue 4.21 million working capital units at a price of C$2.56 per unit. Each unit consists of one common share of the company and one common share purchase warrant.

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Image from Garibaldi Resources.

Eskay Mining (TSXV: ESK) has entered an agreement to acquire approximately 23.7 common shares of Garibaldi Resources (TSXV: GGI), valued at C$10.78 million.

In consideration, Eskay will issue 4.21 million working capital units at a price of C$2.56 per unit. Each unit consists of one common share of the company and one common share purchase warrant.

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