13:38:34 EDT Sat 21 Jun 2025
Enter Symbol
or Name
USA
CA



Big Ridge Gold Corp
Symbol BRAU
Shares Issued 188,245,827
Close 2023-10-10 C$ 0.05
Market Cap C$ 9,412,291
Recent Sedar Documents

Big Ridge Gold acquisition of Gold Island

2023-10-11 16:08 ET - Acquisition

The TSX Venture Exchange has accepted for filing documentation with respect to the arm's-length acquisition of Gold Island Inc. pursuant to a three-cornered amalgamation. The company will issue 0.8 common share for every one Gold Island share. There were 64,303,115 Gold Island shares issued and outstanding. The number of Gold Island's stock options and broker warrants, along with their exercise prices, will also be adjusted by the above ratio accordingly.


 
Cash ($)                              Securities         Work expenditures ($) consideration

N/A                     51,442,492 common shares                                         N/A
           3.1 million replacement stock options
           1,029,744 replacement broker warrants

Replacement stock option terms:   Each stock option has an exercise price of 15 cents per share with a five-year term from the date of issuance. For vesting details, please refer to the company's press release dated Sept. 27, 2023.

Replacement broker warrant terms:   Each broker warrant has an exercise price of 43.75 cents per share with an expiry date of Jan. 5, 2026.

For further details, please refer to the company's news releases dated July 17, 2023, Aug. 14, 2023, Aug. 17, 2023, and Sept. 27, 2023.

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