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1246779 B.C. Ltd. and Western Alaska Copper & Gold Company Announce Letter of Intent for Reverse Takeover Transaction
(
Company ) and Western Alaska Copper & Gold Company (
WAC&G ) are pleased to announce that they have entered into an arm s length non-binding letter of intent
dated April 12, 2021 (the
Letter of Intent ) in respect of a proposed business combination (the
Proposed Transaction ) that would result in the reverse takeover of 779 by WAC&G and the listing of the resulting entity (the
Resulting Issuer ) on the TSX Venture Exchange (the
Exchange ). Following the completion of the Proposed Transaction, WAC&G will become a wholly-owned subsidiary of the Resulting Issuer, which will hold all of the assets and continue the business of WAC&G.
(“
Company“) and Western Alaska Copper & Gold Company (“
WAC&G“) are pleased to announce that they have entered into an arm’s length non-binding letter of intent
dated April 12, 2021 (the “
Letter of Intent“) in respect of a proposed business combination (the “
Proposed Transaction“) that would result in the reverse takeover of 779 by WAC&G and the listing of the resulting entity (the “
Resulting Issuer“) on the TSX Venture Exchange (the “
Exchange“). Following the completion of the Proposed Transaction, WAC&G will become a wholly-owned subsidiary of the Resulting Issuer, which will hold all of the assets and continue the business of WAC&G.
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