Barsele, Gold Line to merge into Scandinavian-focused gold mining firm

Company

Barsele Minerals Corp.

Law Firm / Organization
Stikeman Elliott LLP

Company

Gold Line Resources Ltd.

Law Firm / Organization
Cassels Brock & Blackwell LLP
  • Barsele Minerals Corp. and Gold Line Resources Ltd. have signed an agreement in which Barsele will acquire Gold Line in exchange for Barsele common shares, resulting in the consolidation of the gold exploration portfolio in Sweden and Finland.
  • Stikeman Elliott LLP is serving as legal counsel to Barsele.
  • Cassels Brock & Blackwell LLP is serving as legal counsel and PI Financial Corp. is acting as financial advisor to Gold Line.
  • The deal is expected to close in February 2024.
Merger & Acquisition
Mining
Undisclosed/Confidential
Closed
26 February 2024