• Editor’s Pick
  • Investing
  • Economy
  • Stock
  • Politics
Income Researchers
Investing

Element79 Announces Extension to Proposed Spin Out and Merger

by May 1, 2025
May 1, 2025

(TheNewswire)

Element79 Gold Corp.

VANCOUVER, BC TheNewswire – May 1, 2025 Element79 Gold Corp. (CSE: ELEM) (OTC: ELMGF) (FSE: 7YS) (‘Element79’, or the ‘Company’) announces that, in connection with its previously announced proposed arrangement transaction with Synergy Metals Corp. (‘ Synergy ‘) pursuant to an arrangement agreement dated January 10, 2025 (the ‘ Arrangement Agreement ‘), it has entered an amending agreement dated April 30, 2025, to extend the proposed deadline for completion of the transactions contemplated by the Arrangement Agreement to August 31, 2025.

The Company also announces that, in connection with the previously announced amalgamation anticipated to follow such arrangement pursuant to a merger agreement dated January 10, 2025 (the ‘ Merger Agreement ‘), between Synergy, Synergy’s wholly owned subsidiary, 1515041 B.C. Ltd. (‘ Synergy SubCo ‘ ) , and 1425957 B.C. Ltd. (‘ 142 ‘), it has entered an amending agreement dated April 30, 2025, to extend outside date for completion of the transactions contemplated by the Merger Agreement to August 31, 2025.

The Company remains committed to both the proposed arrangement and the subsequent proposed amalgamation of Synergy SubCo and 142 in connection with the acquisition by Synergy of all of the issued and outstanding shares of 142, as further described in its press release dated January 13, 2025.

For further details on this announcement and the Company’s projects, please visit www.element79.gold

Contact Information

For corporate matters, please contact:

James C. Tworek, Chief Executive Officer

E-mail: jt@element79.gold

For investor relations inquiries, please contact:

Investor Relations Department

Phone: +1.403.850.8050

E-mail: investors@element79.gold

Cautionary Note Regarding Forward Looking Statements

This press contains ‘forward ‐ looking information’ and ‘forward-looking statements’ under applicable securities laws (collectively, ‘forward ‐ looking statements’). These statements relate to future events or the Company’s future performance, business prospects or opportunities that are based on forecasts of future results, estimates of amounts not yet determinable and assumptions of management made considering management’s experience and perception of historical trends, current conditions and expected future developments. Forward-looking statements include, but are not limited to, statements with respect to: the timing and completion of the arrangement and the timing and completion of the amalgamation. Assumptions may prove to be incorrect and actual results may differ materially from those anticipated. Consequently, forward-looking statements cannot be guaranteed. As such, investors are cautioned not to place undue reliance upon forward-looking statements as there can be no assurance that the plans, assumptions or expectations upon which they are placed will occur. All statements other than statements of historical fact may be forward ‐ looking statements. Any statements that express or involve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives or future events or performance (often, but not always, using words or phrases such as ‘seek’, ‘anticipate’, ‘plan’, ‘continue’, ‘estimate’, ‘expect’, ‘may’, ‘will’, ‘project’, ‘predict’, ‘forecast’, ‘potential’, ‘target’, ‘intend’, ‘could’, ‘might’, ‘should’, ‘believe’ and similar expressions) are not statements of historical fact and may be ‘forward ‐ looking statements’.

Neither the Canadian Securities Exchange nor the Market Regulator (as that term is defined in the policies of the Canadian Securities Exchange) accepts responsibility for the adequacy or accuracy of this release.

Copyright (c) 2025 TheNewswire – All rights reserved.

News Provided by TheNewsWire via QuoteMedia

This post appeared first on investingnews.com
previous post
DOGE says it’s referred dozens of potential voter fraud cases to DOJ
next post
Rio Silver completes Definitive Agreement for the sale of Ninobamba, announces planned restructuring

Related Posts

Variation to Noteholder Agreements

May 22, 2025

Trading Halt

May 22, 2025

Crypto Market Recap: Bitcoin Price Hits New All-time...

May 22, 2025

Spodumene Pegmatite Discovered at Agboville and Rubino

May 22, 2025

High-Grade Gold Samples extend Clifton East Strike to...

May 22, 2025

Peter Goodburn: Silver “Very Undervalued” vs. Gold —...

May 21, 2025

Stallion Uranium Provides Corporate Update

May 21, 2025

After US$1.5 Billion Gold Payday, Chinese Billionaire Pivots...

May 21, 2025

Canadian Securities Exchange to Acquire National Stock Exchange...

May 21, 2025

Web3’s Next Move: Global Rules, Canadian Friction and...

May 21, 2025

    Fill Out & Get More Relevant News


    Stay ahead of the market and unlock exclusive trading insights & timely news. We value your privacy - your information is secure, and you can unsubscribe anytime. Gain an edge with hand-picked trading opportunities, stay informed with market-moving updates, and learn from expert tips & strategies.

    Recent Posts

    • WATCH: Rubio on Dems saying they regret voting for him: ‘Confirmation I’m doing a good job’

      May 22, 2025
    • Trump’s ‘big, beautiful bill’ heads to House-wide vote after key committee victory

      May 22, 2025
    • Variation to Noteholder Agreements

      May 22, 2025
    • Trading Halt

      May 22, 2025
    • House Republicans nearing vote on Trump’s ‘Big, Beautiful Bill’

      May 22, 2025

    Archives

    • May 2025 (573)
    • April 2025 (227)
    • Privacy Policy
    • Terms & Conditions

    Copyright © 2025 incomeresearchers.com | All Rights Reserved

    Income Researchers
    • Editor’s Pick
    • Investing
    • Economy
    • Stock
    • Politics

    Read alsox

    Trading Halt

    May 22, 2025

    Crypto Market Recap: Trump’s US$2B Stablecoin Deal with...

    May 2, 2025

    5 Biggest Pharmaceutical ETFs in 2025

    May 7, 2025