Acquisition of Mineral Exploration Company Approved
These two visionary companies are joining tobecome a leading explorer and developer of precious and base metals projects on both sides of the border in the Golden Triangle. Optimum Ventures Ltd. (TSXV: OPV) announced in a press release today that the Supreme Court of British Columbia has granted final approval for the Company's acquisition by Blackwolf Copper and Gold Ltd. (TSXV:BWCGF) (OTC: BWCGF). The Transaction is anticipated to be completed on or around September 12, 2023, subject to the receipt of final acceptance by the TSX Venture Exchange and the fulfillment of customary conditions.
Blackwolf's founding vision is to be an industry leader in transparency, inclusion and innovation. The firm holds a 100% interest in the high-grade Niblack copper-gold-zinc-silver VMS project, located adjacent to tidewater in southeast Alaska as well as five Hyder Area gold-silver and VMS properties in southeast Alaska and northwest British Columbia in the Golden Triangle, including the high-priority wide gold-silver veins at the Cantoo Property. Optimum Ventures Ltd. is a Canadian-based mineral exploration company actively seeking opportunities in the resource sector. Its properties and projects are all located in British Columbia and the extensions of the "Golden Triangle" area of northern British Columbia into Alaska.
Shares of Blackwolf were trading at $0.225 in afternoon trade, while shares of Optimum were trading at $0.12.
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