Currently viewing Global edition

Titan merger, West African delisting suggest strong ASX standing

Those who 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 will see only the ASX listing survive.

Titan merger, West African delisting suggest strong ASX standing Titan merger, West African delisting suggest strong ASX standing Titan merger, West African delisting suggest strong ASX standing Titan merger, West African delisting suggest strong ASX standing Titan merger, West African delisting suggest strong ASX standing

Merger will combine Core's Dynasty district ground in Ecuador (pictured) with Titan's Peru 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 of deal closure),