Golden Tag Shares to Resume Trading and Provides Update to Its Acquisition of the La Parrilla Silver Mine Complex
TORONTO, April 14, 2023 (GLOBE NEWSWIRE) -- Golden Tag Resources Ltd. (“Golden Tag” or the "Company") (TSX.V: GOG) is pleased to provide the following update regarding its proposed acquisition of the La Parrilla Silver Mine Complex (“La Parrilla”) in Durango, Mexico (the “Transaction”) from First Majestic Silver Corp (“First Majestic”) pursuant to an asset purchase agreement entered into between First Majestic, First Majestic Plata, S.A. DE C.V., and Golden Tag, dated December 7, 2022 (the “Asset Purchase Agreement”) and as previously announced in the Company’s news release dated December 7, 2022. Upon dissemination of this news release, the Company anticipates trading will resume in the Golden Tag Shares (as defined herein) on or about April 19, 2023.
- Upon dissemination of this news release, the Company anticipates trading will resume in the Golden Tag Shares (as defined herein) on or about April 19, 2023.
- In accordance with the policies of the TSXV, trading in the Golden Tag Shares has remained halted in connection with the proposed Transaction announced on December 7, 2023.
- The Company expects that trading will resume on or about April 19, 2023, following the dissemination of this press release and subject to approval from the TSXV.
- On April 14, 2023, Golden Tag closed a further tranche of its previously announced non-brokered private placement of subscription receipts (the “Offering”).