Great Pacific Gold to Sell Reedy Creek for $1 million Cash on Closing, $3 million Cash on Milestones and 6 million Shares of Canadian Issuer
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Great Pacific Gold Corp. has entered into an agreement to sell its Reedy Creek and Providence tenements to Zincore Metals Corp. for $1 million cash on closing, $3 million cash on milestones, and 6 million shares of a Canadian issuer.
December 03, 2024 | 9:45 pm
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Great Pacific Gold Corp. is selling its non-core assets, Reedy Creek and Providence tenements, to Zincore Metals Corp. for a combination of cash and shares.
The sale of non-core assets for cash and shares could improve Great Pacific Gold's financial position and focus on core operations, potentially leading to a positive short-term impact on its stock price.
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IMPORTANCE 70
RELEVANCE 80