- Highvista Gold Inc. (HVV.H) has signed a non-binding letter of intent with Highvista Capital Corp. for a proposed reverse-takeover transaction
- If the transaction were to move forward, then Highvista Gold would be owned by the shareholders of Highvista Capital which would carry on the business
- Highvista Capital owns alumina silicate properties in British Columbia
- Highvista Gold works on acquiring, exploring, and evaluating mineral properties in Mexico
- Highvista Gold Inc. (HVV.H) is unchanged, trading at $0.17 per share as of 1:03 p.m. ET
Highvista Gold (HVV.H) has signed a non-binding letter of intent with Highvista Capital Corp. for a proposed reverse-takeover transaction.
If the transaction were to move forward, then Highvista Gold would be owned by the shareholders of Highvista Capital which would carry on the business. The letter of intent was negotiated at arm’s length.
The proposed transaction remains subject to Highvista Gold and Highvista Capital signing a definitive agreement and the receipt of all regulatory and other approvals.
Highvista Capital owns alumina silicate exploration and development properties located in British Columbia. Highvista Gold works on acquiring, exploring, and evaluating mineral properties in Mexico.
Highvista Gold is currently filing a cease trade order revocation application with the applicable security commissions, but there is no assurance that the cease trade order can be revoked.
Highvista Gold Inc. (HVV.H) is unchanged, trading at $0.17 per share as of 1:03 p.m. ET.