Analyst Research

Report Title Price
Provider: Reuters Investment Profile
Provider: Thomson Reuters Stock Report
Provider: Wright Reports
Provider: Thomson Reuters Stock Report

NYSE and AMEX quotes delayed by at least 20 minutes. NASDAQ delayed by at least 15 minutes. For a complete list of exchanges and delays, please click here.

International Goldfields Ltd Announces Merger With Santa Fe Gold Corporation

Thursday, 11 Oct 2012 06:15pm EDT 

International Goldfields Ltd (IGS) announced that IGS and Santa Fe Gold Corporation (OTCBB: SFEG) (Santa Fe or SFEG) have entered into a conditional Binding Heads of Agreement (HoA) that will combine the companies and create a gold/silver company. The proposed merged entity will be a diversified gold-silver explorer, developer and miner, listed on the ASX and also traded on a major US exchange or on the OTC Bulletin Board, with projects located in emerging mining districts including West Africa, Brazil and the south-west US. IGS and Santa Fe have agreed to enter into a transaction whereby the entities will merge and Santa Fe will become a wholly-owned Delaware subsidiary of IGS (Merger). Santa Fe shareholders will receive a total of 1,449,469,462 fully paid ordinary shares in the capital of IGS (on a pre-consolidation basis) in exchange for their Santa Fe stock. 

Company Quote

-0.0010 -33.33%
17 Sep 2014