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Under the terms of the agreement, all of the issued and outstanding common shares of Golden Predator will be exchanged for common shares of Arizona on the basis of 1.65 common shares of Arizona per common share of Golden.
William Sheriff, Executive Chair of Golden Predator, further added, “I have long been aware of and admired the Copperstone project, from its days as an open pit mine to its current incarnation as an underground operation.