Timberline announces completion of Wolfpack Gold's (Nevada) acquisition.
M2 EQUITYBITES-August 18, 2014-Timberline announces completion of Wolfpack Gold's (Nevada) acquisition
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Gold company Timberline Resources (NYSE MKT:TLR)(TSX VENTURE:TBR) revealed on Friday the completion of the acquisition of Wolfpack Gold (Nevada) (Wolfpack US) through the issuance of 42,932,063 shares of Timberline's common stock under a Plan of Arrangement.
The acquisition of Wolfpack US, a subsidiary of Wolfpack Gold (TSX VENTURE:WFP) (Wolfpack), has been approved by the shareholders of Timberline and Wolfpack. The final order from the Supreme Court of British Columbia was issued approving the proposed transaction and all requisite regulatory and third-party approvals have been obtained.
Following the closing, Timberline plans to submit the required information to the NYSE MKT (the "Exchange") to determine whether the company has satisfied the requirements of its Plan of Compliance based upon the fulfillment of its previously-accepted Plan.
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|Publication:||M2 EquityBites (EQB)|
|Date:||Aug 18, 2014|
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