Is Mexican Gold Mining Corp. (MEXGF) a Buy, Sell, or Hold?
OTC : MEXGF
Mexican Gold Mining Corp.
$0.23017 USD
$0.12 (106.99%)
- Volume
- 3K
- Average Volume
- 8.31K
- Market Capitalization
- $5.81M
- P/E Ratio
- -3.64
- Dividend Yield
- 0.00%
- Price Target
- Year High
- $0.25
- Year Low
- $0.03
- Day High
- —
- Day Low
- —
- Payout Ratio
- $0.00
- Current Ratio
- $53.51
| Source | Headline |
|---|---|
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Mexican Gold Mining Corp. to Effect Share Consolidation and Name Change and Announces Closing of $2,299,000 Subscription Receipt Financing
Vancouver, British Columbia--(Newsfile Corp. - July 14, 2026) - Mexican Gold Mining Corp. (TSXV: MEX) (the "Company") is pleased to announce the closing of its previously announced non-brokered private placement of 11,495,000 subscription receipts (each, a "Subscription Receipt") at a price of $0.20 per Subscription Receipt for aggregate gross proceeds of $2,299,000 (the "Concurrent Financing"). Upon completion of the previously announced plan of arrangement under the Business Corporations Act (British Columbia) (the "Arrangement") pursuant to the arrangement agreement dated April 8, 2026 (the "Arrangement Agreement"), whereby the Company will acquire all of the issued and outstanding common shares of Alcon Silver Corp. ("Alcon"), each Subscription Receipt will automatically convert into one unit of the Company (each, a "Unit"), with each Unit consisting of one common share of the Company (on a post-Consolidation basis) and one-half of one common share purchase warrant (each whole warrant, a "Warrant"). newsfilecorp.com - 2026-07-14 19:58:00 |
