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0 0 -0.00225733634311528 -0.00112866817155774 0.00451467268623015 0.00887133182844241 0.010158013544018 0.0158013544018057
Stock impact report

Troy Minerals Enters Into Binding Letter of Intent to Acquire CBGB Ventures Corp. [Yahoo! Finance]

Skeena Resources Limited (SKE) 
Company Research Source: Yahoo! Finance
signed a binding letter of intent dated June 6, 2024 with CBGB Ventures Corp. (" CBGB ") to acquire 100% of the issued and outstanding shares of CBGB (the " Transaction "). CBGB is a privately held company incorporated in British Columbia that holds interest in two high purity silica projects: the Table Mountain Silica Project near Golden, B.C., and the Tsagaan Zalaa Silica Project in Mongolia. Through the Transaction, Troy would acquire two highly prospective high purity silica assets, further diversifying and strengthening its critical mineral asset portfolio. The Company anticipates an aggressive campaign of exploration and development across both properties, subject to completion of the Transaction. Silica, a vital component in everyday products including microchips and emerging green technologies, particularly solar photovoltaics (PV), continues to grow in demand and has become of particular concern to European and North American governments as world tensions rise and China, Show less Read more
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