Strategic M&A: AUX Resources & Scottie Resources – The Daily Dive
Starting off this week on the Daily Dive is that of Brad Rourke, CEO of Scottie Resources (TSXV: SCOT). Brad joins us this morning to discuss the recent merger arrangement with that of AUX Resources (TSXV: AUX). Within, Brad breaks down the optionality provided by the arrangement, the expanded land package and its benefits, and why its positive for both firms going forward.
AUX Resources is a highly focused exploration company, with assets in British Columbia’s famed Golden Triangle, wherein they focus on the Stewart camp in the southern portion of the region. The company currently has a total of five projects within this camp, with the recently renamed Georgia River classified as being the firms flagship project.
FULL DISCLOSURE: AUX Resources Corporation is a client of Canacom Group, the parent company of The Deep Dive. The company has been compensated to cover AUX Resources Corporation on The Deep Dive, with The Deep Dive having full editorial control. Not a recommendation to buy or sell. Always do additional research and consult a professional before purchasing a security.
As the founder of The Deep Dive, Jay is focused on all aspects of the firm. This includes operations, as well as acting as the primary writer for The Deep Dive’s stock analysis. In addition to The Deep Dive, Jay performs freelance writing for a number of firms and has been published on Stockhouse.com and CannaInvestor Magazine among others.
