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O2Gold to acquire Quebec Aur's gold mining property in Quebec, Canada, for TSX Venture Tier 2 compliance.
O2Gold Inc. plans to acquire Quebec Aur Ltd.'s gold mining exploration property in Quebec, Canada, through a share exchange agreement.
The property, located near Duparquet, is expected to help O2Gold satisfy TSX Venture Tier 2 Continued Listing Requirements and potentially graduate from the NEX board of the TSXV to Tier 2 of the TSXV.
The 9,161.84-hectare property has a gold endowment and may provide the company with an extensive district-scale land position.
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O2Gold adquirirá la propiedad minera de oro de Quebec Aur en Quebec, Canadá, para el cumplimiento de TSX Venture Tier 2.