Buccaneer Gold Corp. Provides Update on Proposed Acquisition of Strategic Minerals Europe Inc.

TORONTO, Dec. 02, 2021 (GLOBE NEWSWIRE) — Buccaneer Gold Corp. (CSE: BUCK) (“Buccaneer”) is pleased to provide an update on its proposed business combination transaction with Strategic Minerals Europe Inc. (“Strategic”), a privately held company existing under the laws of Ontario, pursuant to which Buccaneer and Strategic have agreed to complete a transaction that will result in a reverse-takeover of Buccaneer by the current shareholders of Strategic (the “RTO” or “Transaction”). Buccaneer and Strategic have obtained conditional approval of the NEO Exchange Inc. (“NEO”) for listing of the resulting issuer common shares on the NEO. The Transaction is expected to close on or about December 6, 2021, and listing of the resulting issuer on the NEO and the delisting of Buccaneer from the Canadian Securities Exchange (“CSE”) is anticipated to commence on December 9, 2021. Read More