bullish

TM: Kombat Mine Acquisition Update

230 Views17 Dec 2024 23:00
Issuer-paid
SUMMARY
  • What you need to know: • Trigon provided an update on the previously proposed acquisition of the Kombat Mine by Horizon Corporation.
  • • Subject to final negotiation and approvals, the acquisition will consist of $30M plus between $10-20M in additional payments based on specific operational milestones.
  • • TM also announced it has signed a binding loan agreement with Horizon for up to $5M to allow for the project to continue to advance.
Begin exploring Smartkarma's AI-augmented investing intelligence platform with a complimentary Preview Pass to:
  • Unlock research summaries
  • Follow top, independent analysts
  • Receive personalised alerts
  • Access Analytics, Events and more

Join 55,000+ investors, including top global asset managers overseeing $13+ trillion.

Upgrade later to our paid plans for full-access.

or
Already have an account? Sign In Now
Discussions
(Paid Plans Only)
chart-bar
Logo
Atrium Research
Research from Atrium Research
Atrium Research Corporation
United States & CanadaMaterials & Information TechnologyEquity Bottom-UpThematic (Sector/Industry)
Price Chart(Sign Up to Access)
analytics-chart
  • Loading...
x