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Kingston closer to Misima

Kingston Resources (AU:KSN) is a step closer to controlling a multi-million ounce gold project in Papua New Guinea after the Supreme Court of British Columbia granted interim approval for its merger with WCB Resources (CN:WCB).

Kingston closer to Misima Kingston closer to Misima Kingston closer to Misima Kingston closer to Misima Kingston closer to Misima

Kingston will continue WCB’s earn-in to the Misima gold project in PNG

WCB is expected to delist from the TSX Venture Exchange next month assuming shareholder and final court approval for the merger by way of a Canadian Plan of Arrangement.

The majority of WCB shareholders have expressed support for the deal, including Australian copper miner and 38% stakeholder Sandfire Resources (AU:SFR).

WCB shareholders will receive 4.5 Kingston shares for every share held and will wind up with a...

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