SolGold to merge with Cascabel partner

SOLGOLD has entered into a friendly agreement to acquire Cornerstone Capital Resources, its 15% joint venture partner at the Cascabel copper-gold project in Ecuador.

SolGold to merge with Cascabel partner SolGold to merge with Cascabel partner SolGold to merge with Cascabel partner SolGold to merge with Cascabel partner SolGold to merge with Cascabel partner

SolGold's Cascabel in Ecuador

Under the agreement, each Cornerstone share will be exchanged for 15 SolGold shares, with SolGold having the option to pay up to 20% of the consideration in cash.