Transactions by NWM MINING CORP (NWM) in the last 6 months

NWM Mining Corporation (TSXV:NWM) entered into a non- binding letter of intent to acquire Auriga Gold Corp. (TSXV:AIA) from Barrick Gold Corporation (TSX:ABX) and other shareholders for CAD 3 million on March 1, 2013. Under the terms of the agreement, it is anticipated that NWM will issue 2.2 pre-consolidation common shares, for each one outstanding common share of Auriga. It is anticipated that the options and warrants of Auriga will be subject to the same share exchange ... ratio and will pay CAD 0.34 million for options and warrants. The letter agreement provides that the Boards of NWM and Auriga may respond to unsolicited proposals from other parties where there is a fiduciary duty to do so. The non-binding letter of intent is subject to the execution of a definitive agreement between the parties by March 25, 2013, or on such other date as may be mutually agreed. In the event the definitive agreement is executed, the closing of the Transaction will be subject to a number of other conditions precedent, including but not limited to receipt by Auriga of a favorable fairness opinion, receipt of all necessary shareholder, stock exchange, third party, court and regulatory approvals.
Read More

Sponsored Financial Commentaries

To contact NWM MINING CORP, please visit . Company data is provided by Capital IQ. Please use this form to report any data issues.

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.