Titan merger and West African delisting suggest ASX's strong standing

THOSE that argue Toronto is waning as an exchange for gold juniors in the resources sector versus the ASX have received more ammunition for the charge, with West African Resources pulling the pin on its TSX-V listing and, separately, Titan Minerals merging with a Canadian company called Core Gold in a deal that’ll see only the ASX listing survive.

Titan merger and West African delisting suggest ASX's strong standing Titan merger and West African delisting suggest ASX's strong standing Titan merger and West African delisting suggest ASX's strong standing Titan merger and West African delisting suggest ASX's strong standing Titan merger and West African delisting suggest ASX's strong standing

The merger will combine Core's Dynasty district ground in Ecuador (pictured) with Titan's Peruvian assets

Titan and Core have budding gold assets in Peru and Ecuador respectively, with the merger deal contingent on Titan's raising of a minimum of A$20 million in new equity (at the time deal closure), and