Fusion Gold Ltd. , announces that it has extended the time for completion of the qualifying transaction described in its news release on December 24, 2019 with Battery Mineral Resources Corp . In light of current market conditions, the parties have entered into an amendment to the Definitive Agreement to extend the deadline to complete the Transaction from April 30, 2020 to May 31, 2020 and reduce the condition that [...]
Fusion Gold Ltd., is pleased to announce that further to its news release of December 9, 2019 it has entered into a definitive amalgamation agreement dated December 23, 2019 with Battery Mineral Resources Corp, 1234525 B.C. Ltd., a newly incorporated wholly-owned subsidiary of Fusion, and Weston Energy LLC. As previously disclosed, Fusion is a "capital pool company" and it is intended that the Transaction, when completed [...]
Fusion Gold Ltd. , has terminated its previously announced binding scheme implementation agreement dated October 11, 2019 with Battery Mineral Resources Ltd., an Australian incorporated entity and a support agreement also dated October 11, 2019 with Weston Energy LLC. and, as a result, has received an expense reimbursement fee of C$150,000. The Definitive Agreement was terminated as a result of Battery Limited commencing [...]
Fusion Gold Ltd. is pleased to announce that it has entered into a binding scheme implementation agreement dated Oct. 11, 2019 with Battery Mineral Resources Ltd and a support agreement also dated October 11, 2019 with Weston Energy LLC, all further to the previously announced binding letter of intent between Battery and Fusion. Pursuant to the Definitive Agreement Fusion will acquire all of the issued and outstanding [...]
Fusion Gold Ltd. is pleased to announce that it has entered into a binding letter agreement, dated August 30, 2019, with Battery Mineral Resources Ltd, which sets out the principal terms upon which Fusion will acquire all of the issued and outstanding securities of Battery. Fusion, after giving effect to the completion of the Transaction, is referred to in this News Release as the "Resulting Issuer".
Fusion Gold Ltd., a capital pool company, is pleased to announce that it has completed its initial public offering. The Company issued an aggregate of 2,000,000 common shares of the Company to purchasers in British Columbia and Alberta at a purchase price of $0.10 per Share for gross proceeds to the Company of $200,000. The Company's Chief Executive Officer January Vandale, purchased 35,000 Shares in the Offering. After [...]