The Transaction is expected to close on December 28, 2020.
Doxa Energy Ltd (“Doxa” or the “Company”) announces that further to its press release dated November 20, 2020, and its proposed Reverse Take-Over (RTO) by ProStar Geocorp. Inc. (the “Transaction”), the Company’s shareholders have, as of December 17, 2020, approved the Transaction and the matters associated with the Transaction, including the disposition of the Company’s oil and gas assets and a debt settlement with the Company’s related party creditors.
The Transaction is expected to close on December 28, 2020, with Doxa changing its name to “ProStar Holdings Inc.” in connection therewith (the “Resulting Issuer”) with trading in the Company’s common shares re-commencing in January 2021 under the new trading symbol MAPS.
Comet Resources Limited (ASX:CRL) is pleased to announce that its Project Manager for the Santa Teresa Gold project, Interminco Services Limited, has made significant progress in Baja California Norte, Mexico, having recently appointed a local geological consultant, Minera Cascabel, which operates a Joint Venture with the Imdex Group based in Tucson, Arizona.
Highlights
Project Manager Interminco Services making significant progress on the Santa Teresa Gold Project in Baja California, Mexico
Appointment of local geological consultancy Minera Cascabel to assist with geological programs, including permitting of drilling
Drilling expected to commence in Q1 2021
Prior to drilling, a mapping and trenching program focussed on vein outcrops will assist with final drill-hole positioning