IKN | Pucara Gold (TORO.v): One to watch

A quick excerpt from this, out a few minutes ago:

In connection with the closing of the Transaction, Magnitude also completed a 2:1 consolidation of its common shares and a name change to “Pucara Gold Ltd.” (the “Resulting Issuer“). The common shares of the Resulting Issuer (the “Resulting Issuer Shares”) are expected to be reinstated for trading on the TSX Venture Exchange (the “TSXV”) on Tuesday October 6, 2020 and the Resulting Issuer’s symbol will change from “MML.P” to “TORO”. The new CUSIP number is 74467P105 and the new ISIN number is CA74467P1053.

We’ll be talking Pucara Gold (TORO.v) in the weakly this weekend, subbers. Definitely one this desk has been keeping an eye on; the gestation period has been long, the geology team is strong, Sandstorm (SAND) is all hot and wet about it and Steve Zuker knows Peru backwards. He’s had this property in his back pocket for years, waiting for the right time, only the future knows whether he’s chosen well. OTOH he’s way less interesting dinner company than he thinks he is, but don’t tell him that.