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C2C Gold (CSE:CTOC) completes acquisition of The Rock Gold Corp.

Mining
CSE:CTOC
27 June 2022 11:30 (EDT)

Source: C2C Gold.

C2C Gold (CTOC) has acquired all The Rock Gold Corp’s issued and outstanding shares in an all-share transaction.

C2C Gold issued 12,250,000 common shares to the vendor.

The Rock Gold Corp. is a privately held Newfoundland-based gold exploration company that holds rights to more than 40 mineral claims in Newfoundland.

Its portfolio also includes 5 properties, 2 of which are drill ready, under option from Newfoundland & Labrador based prospectors.

This acquisition complements C2C Gold’s mineral package and provides the company with a pipeline of projects from early exploration stage through drill ready with known gold occurrences documented on most of the projects, which lie along major structures.

The company intends to advance projects this year through reconnaissance work, soil sampling and a planned drill program on key drill-ready targets.

C2C Gold Corp. (CTOC) is a Canadian mineral exploration company focused on acquiring and developing mineral projects in Newfoundland.

C2C Gold Corp. (CTOC) is down 3.85 per cent to $0.125 as of 11:20 a.m. ET.

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