trending Market Intelligence /marketintelligence/en/news-insights/trending/2zP7V447P7aXAZi1tq_6Hw2 content esgSubNav
In This List

Royal Road makes move to fully acquire Caza Gold

Blog

Corporate Credit Risk Trends in Developing Markets: An Expected Credit Loss (ECL) Perspective

Blog

Highlighting the Top Regional Aftermarket Research Brokers by Sector Coverage

Video

COVID-19 Impact & Recovery: Metals and Mining Outlook for H2 2021

Blog

Q&A: Data That Delivers - Automating the Credit Risk Workflow


Royal Road makes move to fully acquire Caza Gold

Royal Road Minerals Ltd. has launched a formal takeover bid for fellow TSX-listed miner Caza Gold Corp.

Royal Road said Jan. 20 that it is offering 0.16 of one of its own shares for each Caza share.

The two companies struck a deal to merge in early December 2016.

Royal Road has entered into amended lock-up agreements with Caza's largest shareholder and its directors and officers that collectively hold about 82% of the company.

As part of the deal, Caza's directors have agreed to resign on completion of the acquisition.