CAPITAL MARKETS

Moto takes backdoor option

MOTO Goldmines has opted for a backdoor listing on the Toronto Stock Exchange and hopes to complete a merger with inactive company King Products by March of next year.

MiningNews.Net

Executive director Patrick Flint said its Canadian corporate advisers Haywood Securities had located King, which is listed on the TSX Venture Exchange. Flint said the costs of acquiring King were comparable...

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