Search by
Eros Resources Corp., MAS Gold Corp., and Rockridge Resources Ltd. have entered into a business combination agreement to combine the companies in a three-way merger transaction.
Under the agreement, Eros will acquire all of the issued and outstanding shares of both Rockridge and MAS Gold that it does not already own by way of two plans of arrangement under the Business Corporations Act (British Columbia).
Upon deal closing, the board of directors of the combined company will consist of five (5) directors, comprised of three (3) directors from Rockridge, being Jordan Trimble, Jonathan Wiesblatt and Joseph Gallucci, ICD.D, one (1) director from Eros, being Ross McElroy, and one (1) director from MAS Gold, being Tim Termuende. Management of the combined company will include Jordan Trimble as President, Jonathan Wiesblatt as Chief Executive Officer and Chantelle Collins as Chief Financial Officer.
Parties
Company
Eros Resources Corp.
Company
MAS Gold Corp.
Company
Rockridge Resources Ltd.
Deal Type
Merger & AcquisitionIndustry
MiningTransaction
Undisclosed/ConfidentialDeal Status
ClosedClosing Date
24 January 2025