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Metals & Mining M&A image Metals & Mining M&A » By The Online Investor Staff, updated Fri., Apr. 19, 3:27 AM Recent mergers and acquisitions in the Metals & Mining M&A category.

This Slide: #3 of 100

Slide #3. Timberline Resources Corporation — Assets of Wolfpack

Acquirer: Timberline Resources Corporation (TLR)
Acquiree: Assets of Wolfpack
Details: Timberline Resources Corporation (NYSE MKT:TLR) (TSX VENTURE:TBR) ("Timberline") is pleased to announce that it has entered into a definitive agreement (the "Agreement") with Wolfpack Gold Corp. ("Wolfpack") whereby Timberline will acquire certain of the Nevada gold properties of Wolfpack plus approximately Cdn$5.3 million in cash (inclusive of the current US$1 million dollar loan from Wolfpack to Timberline, which will be cancelled) in exchange for the issuance of 42,932,063 shares of common stock of Timberline (the "Timberline Shares").

Timberline Resources is a mineral exploration and development company. Co. is engaged in evaluating, acquiring, and exploring mineral prospects with potential for economic deposits of precious and base metals. As of Dec 2015, Co. has mineral prospects for exploration in Nevada and Montana mainly for target commodities of gold and silver. The prospects are held by both patented and unpatented mining claims owned directly by Co. or through legal agreements conveying exploration and development rights to Co.

Open the TLR Page at The Online Investor »

TLR — Key Stats (updated Fri., Feb. 12, 10:35 AM)
Company Name:  Timberline Resources Corp
Website:  www.timberline-resources.com
Sector:  Precious Metals
 

Open the TLR Page at The Online Investor (in a new window) »
April 19, 2024  •  3:27 AM Eastern
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