Ascot Mining Plc (DB:AM3) acquired 0.45% stake of ARX Gold Corporation from Musketeer Holdings Corp for 1.04 million.
November 05, 2012 at 11:00 pm EST
Ascot Mining Plc (DB:AM3) acquired 0.45% stake of ARX Gold Corporation from Musketeer Holdings Corp for 1.04 million in stock on November 6, 2012. As consideration, Ascot Mining issued its 20 million shares for the 20 million shares of ARX Gold. Musketeer Holdings now holds 20.1% stake in Ascot Mining. Paul Shackleton and Colin Rowbury of Daniel Stewart & Company Plc acted as financial advisor and broker respectively and to Ascot Mining in the transaction.
Ascot Mining Plc (DB:AM3) completed the acquisition of 0.45% stake of ARX Gold Corporation from Musketeer Holdings Corp on November 6, 2012.