Intigold Closes Amalgamation of Calibri Resources Inc.

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Intigold Closes Amalgamation of Calibri Resources Inc.

Canada NewsWire

VANCOUVER, BC, April 19, 2021 /CNW/ - Intigold Mines Ltd. – (the "Company" or "Intigold") advises that it has completed the acquisition (the "Transaction") of Calibri Resources Inc. ("Calibri"), a private British Columbia company. In accordance with the terms of the Transaction, Calibri has amalgamated with a wholly-owned subsidiary of the Company, 1293173 B.C. Ltd. ("Subco") pursuant to the terms of an amalgamation agreement among Intigold, Calbiri and Subco. 

Calibri had previously raised an aggregate of $1,314,910.05 through the issuance of 26,298,201 shares at various prices, and had 196 shareholders.  Intigold issued one common share of Intigold for each outstanding share of Calibri, such that the former shareholders of Calibri collectively became the majority shareholders of Intigold.   

Calibri and the Company are continuing to seek new business opportunities.   

On behalf of the Board of:
INTIGOLD MINES LTD.
Peter Haukedal
President

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

SOURCE Intigold Mines Ltd.

Cision View original content: http://www.newswire.ca/en/releases/archive/April2021/19/c3076.html

Copyright CNW Group 2021

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