Mining firm seeks more land north of Sault
A mineral exploration company searching for copper in Batchewana Bay wants to expand its footprint north of Sault Ste. Marie by acquiring another firm active in the area. Sterling Metals would grow its land package to more than 35,000 hectares if shareholders of QcX Gold Corp. agree to the acquisition. QcX shareholders would receive one Sterling common share for every 4.81026 shares they hold of the Toronto-based firm. Sterling shareholders would own about 90.75 per cent of the combined company
Read more »