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Platinum Equity Completes Sale Of PrimeSource To Clearlake Capital Group
LOS ANGELES, Dec. 31, 2020 /PRNewswire/ -- Platinum Equity announced today that the sale of PriSo Holding Corporation ("PrimeSource", or the "Company") to Clearlake Capital Group, L.P. (together with affiliates, "Clearlake") has been completed.
Approved Oil Company Acquires Original Energy
BROOKLYN, N.Y., Dec. 30, 2020 /PRNewswire/ -- Approved Oil Company today announced the successful completion of its acquisition of Original Energy's - Heating Oil and Service Division. Established in 1928, Original Energy has been delivering heating oil and offering mechanical services to commercial and residential customers throughout New York City.
Monarch Gold Announces Securityholder Approval of the Arrangement with Yamana Gold
MONTRÉAL, Dec. 30, 2020 /CNW Telbec/ - MONARCH GOLD CORPORATION ("Monarch" or the "Corporation") (TSX: MQR) (OTCQX: MRQRF) (FRANKFURT: MR7) announced today that its shareholders (the "Shareholders") and optionholders (collectively with the Shareholders, the "Securityholders") have approved the resolution (the "Arrangement Resolution") authorizing the previously announced plan of arrangement under the Canada Business Corporation Act (the "Arrangement"). Pursuant to the Arrangement, Yamana Gold Corporation ("Yamana") will acquire the Wasamac property and the Camflo property and mill through the acquisition of all of the outstanding common shares of Monarch (other than the common shares already owned by Yamana) for total consideration of approximately C$200 million or C$0.63 per Monarch share on a fully-diluted basis. Under the Arrangement, Monarch will first complete a spin-out to its Shareholders through a newly-formed company, Monarch Mining Corporation ("SpinCo"), which will hold the remaining mineral properties and certain other assets and liabilities of Monarch.
GR Silver Mining and Mako Amend Definitive Agreement date to January 31, 2021
VANCOUVER, BC, Dec. 29, 2020 /CNW/ - GR Silver Mining Ltd. (TSXV: GRSL) (FRANKFURT: GPE) (OTCQB: GRSLF) ("GR Silver Mining" or the "Company") and Mako Mining Corp. ("Mako" "@MakoMiningCorp") have agreed to amend their Letter of Intent ("LOI") dated December 12, 2019, to extend the date by which they are required to sign a Definitive Agreement to January 31, 2021. Pursuant to the LOI, GR Silver and Mako agreed to negotiate an arm's length transaction whereby GR Silver would acquire 100% of the issued and outstanding shares of Marlin Gold Mining Ltd from Mako and to enter into a Definitive Agreement on or before December 31, 2020 (News release dated December 17, 2019).