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StrikePoint poised for 2020

StrikePoint Gold (TSXV: SKP) has announced the “intended completion” of its payments to acquire Skeena Resources’ Mount Rainy Silver subsidiary, which has the past-producing Porter project in British Columbia.

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StrikePoint’s acquisition of Porter gives it a second precious metals project in British Columbia

StrikePoint said it would pay the outstanding balance of C$750,000 due by year-end by issuing 18.75 million shares to Skeena at a deemed price per share equal to the 20-trading day VWAP.