Analyst Research

Report Title Price
Provider: Thomson Reuters Stock Report
$25.00
Provider: Reuters Investment Profile
$20.00
Provider: Streetwise Reports
$12.00
Provider: Jennings Capital Inc.
$35.00

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.

Roxgold Inc to acquire XDM Royalty Corp


Wednesday, 11 Dec 2013 07:30am EST 

Roxgold Inc:Enters into a definitive agreement with XDM Royalty Corp providing for the acquisition of all of the outstanding securities of XDM by Roxgold.XDM shareholders will receive about 0.175 Roxgold common shares for every one common share of XDM which represents a deemed issue price of about $0.55 per Roxgold share.Roxgold expects to receive net proceeds totaling about $7.5 million after transaction and severance costs.Based upon the current Exchange Ratio, the company anticipates issuing about 14 million common shares as consideration for the Acquisition, and reserving about an additional 1,850,000 common shares for issuance upon exercise of the existing convertible securities of XDM. 

Company Quote

0.88
0.01 +1.15%
31 Jul 2014