- Perseus Mining Limited (PRU) has acquired all outstanding shares of Orca Gold Inc.
- A total of 125,278,266 shares of Perseus have been issued to Orca shareholders
- Perseus now owns all 262,803,525 of Orca’s common shares
- Perseus Mining Ltd is engaged in the exploration and development of gold properties in West Africa
- Perseus Mining Limited (PRU) is up 5.3 per cent on the day, trading at $1.59 per share at 1:40 pm ET
Perseus Mining Limited (PRU) has acquired all outstanding shares of Orca Gold Inc.
A total of 125,278,266 Perseus shares have been issued to Orca shareholders bringing the total number of Perseus shares on issue to 1,359,346,713.
Prior to the completion of the arrangement, Perseus owned approximately 15 per cent of the Orca’s common shares. Perseus now owns all 262,803,525 of Orca’s common shares.
Perseus Mining Ltd is engaged in the exploration and development of gold properties in West Africa. The company projects include the Sissingue Gold Mine, Edikan Gold Mine in Ghana, and Yaoure Gold Project.
Perseus Mining Limited (PRU) is up 5.3 per cent on the day, trading at $1.59 per share at 1:40 pm ET.