M&A
confidence high
sentiment positive
materiality 0.75
Athena Gold to acquire Ontario gold projects in transformative deal with Libra Lithium
ATHENA GOLD CORP
- Acquires Laird Lake (4,158 ha) and Oneman Lake (578 ha) gold projects in Ontario for 43,865,217 common shares (CDN $0.05/sh).
- Libra will own ~19.9% of Nova Athena post-amalgamation; assumes option obligations to Bounty Gold totaling up to CDN $1.75M.
- Incoming management: David Goodman (Chairman), Koby Kushner (President/CEO/Director); John Power stays as Secretary/Director.
- Proposed amalgamation and redomicile to British Columbia, Canada expected early 2025; shareholder meeting to be called.
- Libra's technical team Benjamin Kuzmich (VP Exploration) and Andrew Jedemann (Exploration Manager) will join Athena.