Euro Sun Mining Announces the Filing of a Business Acquisition Report in Connection with its Acquisition of Vilhelmina Minera...
Euro Sun Mining Inc.
(TSX: ESM) (“Euro Sun” or the
“Company”) announces that it has filed, a business
acquisition report today in connection with its previously
announced acquisition of all of the issued and outstanding shares
of Vilhelmina Minerals Inc. (“Vilhelmina”) that it
did not own (the “Vilhelmina Acquisition”).
Pursuant to the Vilhelmina Acquisition, on October 10, 2019 the
Company acquired a total of 2,457,230 common shares of Vilhelmina
from other existing shareholders of Vilhelmina (the
“Vilhelmina Shareholders”) for a total purchase
price of 9,088,235 common shares of the Company (the
“Common Shares”) issued from treasury.
This filing is being made at the request of the
Ontario Securities Commission staff in connection with an OSC
review being conducted in connection with the filing of a short
form prospectus by the Company. It is remedying a previous
non-filing of a business acquisition report in respect of the
About Euro Sun Mining Inc.
Euro Sun is a Toronto Stock Exchange listed
mining company focused on the exploration and development of its
100%-owned Rovina Valley gold and copper project located in
west-central Romania, which hosts the second largest gold deposit
For further information about Euro Sun Mining,
or the contents of this press release, please contact Investor
Relations at firstname.lastname@example.org
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adequacy or accuracy of this news release.