G2 Goldfields (TSX: GTWO)
Provided an update with respect to the proposed plan of arrangement involving G2, GMIN ,and G3 Goldfields Inc. whereby GMIN will, among other things, acquire all of the issued and outstanding G2 shares and G2 will complete the spin-out of G3.
.
Drilling – Photo courtesy of g2 Goldfields
.
| G2 Goldfields | TSX: GTWO | |
| Stage | Development + Exploration | |
| Metals | Gold | |
| Market cap | C$2.3b @ C$8.91 | |
| Location | Guyana | |
| Website | www.g2goldfields.com |
.
G Mining and G2 Goldfields Provide Update on Arrangement with G Mining and Spin-Out of G3 Goldfields
| Source: G2 Goldfields Inc.; G Mining Ventures
Pursuant to the Arrangement, holders of G2 shares will receive 0.212 of a common share of GMIN and 0.5 of a common share of G3 for each G2 share held as of the close of business on the business day immediately prior to the Effective Date.
Following closing of the Arrangement, the G2 shares are expected to be de-listed from the Toronto Stock Exchange and will cease to be quoted on the OTCQX. G2 will also apply to cease to be a reporting issuer under applicable Canadian securities laws.
G3 has applied to list the G3 shares for trading on the Canadian Securities Exchange (“CSE”) following completion of the Arrangement, and listing is subject to G3 meeting the listing requirements of the CSE.
Additional details of the Arrangement are more fully described in the management information circular of the Company dated May 12, 2026 (the “Circular”), which is available under G2’s profile on SEDAR+ at www.sedarplus.ca.
.
To read the full news release please click HERE
/
——-
The live Spot gold price can be found HERE
.
=======
.
City Investors Circle is based in the financial district in the City of London
We present interesting and exciting junior mining companies listed on the ASX and TSX stock exchanges to a group of city professionals, and private investors, all of whom are active investors with a mandate to invest in junior mining companies.
Our audience is selected and invited individually to ensure interest and relevance for the presenting company.
Meetings are non deal, small group, highly focused and engaged, with a lively Q and A to follow the main presentation.
We create awareness, and maintain interest in presenting companies by disseminating their future news to our entire investor group via email, social media, and our Monthly Review newsletter.
If you wish to present to our select group of active mining investors, please email andrew@city-investors-circle.com
.
=======
,
This website is not sponsored, we are truly independent, and will always remain so
Companies featured here have either presented to the Circle in London, or have been selected because they are considered to have interesting projects, in good jurisdictions, run by an experienced management team.
All information used in the preparation of this communication has been compiled from publicly available sources that we believe to be accurate and reliable, however, we cannot, and do not, guarantee the accuracy or completeness of this.
These articles are for awareness and informational purposes only, and are not recommendations in any form. Always consult an investment professional.
.
Disclosure
At the time of writing the author is invested in G2 Goldfields
.
To read our full terms and conditions, please click HERE