The Canadian junior mining market continues to see the trick down effect of the gold rally, with another M&A transaction announced this past week.
The latest tie-up is focused on Northern Ontario, in a region that is said to have an “emerging” greenstone gold belt to the northwest of Thunder Bay. Gold X2 Mining (TSXV: AUXX), which most of our viewers will probably recognize under their former name of Goldshore Resources, is set to acquire Kesselrun Resources (TSXV: KES) as part of an effort to tie up further claims in the district under a single banner.
Lets dive in.
Information for this story was found via the sources and companies mentioned. The author has no securities or affiliations related to the organizations discussed. Not a recommendation to buy or sell. Always do additional research and consult a professional before purchasing a security. The author holds no licenses.
