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.
1246779 B C Ltd and Western Alaska Copper & Gold Company Announce Letter of Intent for Reverse Takeover Transaction yahoo.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from yahoo.com Daily Mail and Mail on Sunday newspapers.
But in parts of the United States where oil is a significant part of the economy, divestment isn’t discussed. Divestment advocates in Texas have made little progress convincing the state s Permanent University Fund which owns mineral rights on more than two million acres of land to part ways with oil. Jim Johnsen, the former president of the University of Alaska system, said he can’t remember ever being asked by students or employees about divestment, despite the university’s strong ties to the oil industry. Two members of the University of Alaska system s Board of Trustees have experience working in the fossil fuel sector, and parts of the university system s revenue can be traced back to oil and gas.