QuestEx Gold & Copper Ltd. entered into a definitive agreement with Skeena Resources Ltd. whereby Skeena will acquire all of the shares of QuestEx that Skeena does not currently own pursuant to a court-approved plan of arrangement. Skeena currently owns approximately 14% of outstanding QuestEx common shares.
Concurrent with signing of the agreement, Newmont Corp. entered into an asset purchase agreement with Skeena to acquire the Heart Peaks, Castle/Moat and North ROK/Coyote properties from Skeena, along with related assets, for approximately C$27 million ($24 million).
