IKN

a consummation devoutly to be wishd

Richard Whittall

Among all the battle scars of the last few months there’s still nothing that touches Newstrike’s decision to get bought out by Timmins, a deal that sits at the pinnacle of 2015’s scorched earth disasters. And this is still the NR comment of the year

Commenting on the transaction, Richard Whittall, President and CEO of Newstrike, added “This transaction provides an attractive premium to Newstrike’s current share price, offers immediate leverage to gold production at the San Francisco mine and de-risks the future development of Ana Paula. We believe the consideration offered by Timmins Gold is highly attractive for our shareholders who will also have the opportunity to participate in the growth and re-rating potential of the combined company.”

Premium

Growth

Re-rating

Yup

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