North of 60 Mining News - The mining newspaper for Alaska and Canada's North

By A.J. Roan
Mining News 

Alpha Copper to merge with CAVU

Enters agreement to become leading BC and Yukon explorer North of 60 Mining News – October 7, 2022

 

Last updated 10/20/2022 at 2:39pm

A drill pad on the slopes of CAVU Energy Metals' Star project.

CAVU Energy Metals Corp.

CAVU says the combined entity of Alpha and CAVU will become a leading copper exploration company with an expanded portfolio of prospective base and precious metals assets in BC and the Yukon.

CAVU Energy Metals Corp. Oct. 3 announced plans to merge with Alpha Copper Corp., a mineral exploration company with two promising copper projects in British Columbia.

Under the terms of the agreement, CAVU shareholders will receive 0.7 shares of Alpha for each CAVU share held, which represents a 31.3% premium for CAVU shareholders based on each company's respective 30-day volume-weighted avera...



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