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On April 30, 2024, ONGold Resources Ltd. completed the acquisition of Northern Superior Resources Inc.'s mining projects located in Ontario. This transaction included the Ti-pa-haa-kaa-ning (TPK) Project, the October Gold Property, and other exploration assets. As a result, Northern Superior now holds approximately 72.35 percent of ONGold's issued and outstanding common shares.
A Fasken team composed of Frank Mariage and Jean-Philippe Côté advised Northern Superior Resources Inc.
Parties
Company
ONGold Resources Ltd.
Company
Northern Superior Resources Inc.
Deal Type
Merger & AcquisitionIndustry
MiningTransaction
Undisclosed/ConfidentialDeal Status
ClosedClosing Date
30 April 2024