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Gatling Exploration Inc.: Gatling Forms Technical Advisory Board; Appoints Mining Experts Darin Wagner and Gil Lawson


Gatling Exploration Inc.: Gatling Forms Technical Advisory Board; Appoints Mining Experts Darin Wagner and Gil Lawson
GATLING EXPLORATION INC. (TSXV:GTR)(OTCQB:GATGF) (the
Company or
Gatling) is pleased to announce that it has formed a technical advisory board to support the Company s accelerated path forward at the Larder gold project in Ontario. The first appointee is Mr. Darin Wagner - a highly regarded senior executive in the mining sector, with an impressive track record of corporate development and M&A. He is joined by Mr. Gil Lawson - an experienced mining engineer whose background includes running several prominent Canadian gold operations. ....

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Government of Canada Rejects TMAC Sale to Shandong Gold Mining Co., Ltd.


Press release content from Business Wire. The AP news staff was not involved in its creation.
Government of Canada Rejects TMAC Sale to Shandong Gold Mining Co., Ltd.
December 22, 2020 GMT
TMAC Resources Inc. (TSX: TMR) (“
TMAC ” or the “
Investment Canada Act (Canada) directing Shandong Gold Mining Co., Ltd. and its affiliate (“
Shandong ”) not to implement the plan of arrangement (the “
Transaction ”). As a result, the Transaction between TMAC and Shandong will not proceed. TMAC and Shandong are in discussions regarding termination of the Transaction.
Jason Neal, President and Chief Executive Officer of TMAC, stated, “The Transaction whereby Shandong would acquire 100% of TMAC, as announced on May 8, 2020 and approved by 97% of our shareholders on June 26, 2020, did not receive Canadian regulatory approval and will not proceed.” ....

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TMAC says feds have blocked takeover by China's Shandong Gold


TMAC says feds have blocked takeover by China s Shandong Gold
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The proposed takeover of TMAC Resources Inc. by China’s Shandong Gold Mining Co. has been blocked by the federal government, according to a release from the Toronto-based miner.
“TMAC Resources Inc. has been informed that the Governor in Council has issued an order under the Investment Canada Act directing Shandong Gold Mining Co., Ltd. and its affiliate not to implement the plan of arrangement. As a result, the transaction between TMAC and Shandong will not proceed,” TMAC said in its release late Monday.
A spokesperson for Industry Minister Navdeep Bains was not immediately available for comment Tuesday. ....

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