#QIT.v ~ Owns %10 interest in the Monster Lake property, owned by TomaGold Corporation and under option by IAMGOLD Corp...Drilling program started on Monster Lake sometime January. According to David Grondin(Tomagold) on interview with Kitco (Kitco News) - TomaGold Corp. (TSXV: LOT) went against the mining industry trend in 2013 as the company secured financing, engaged in merger-and-acquisition activity and continued exploration initiatives at its Quebec-based properties. David Grondin, president and chief executive officer of TomaGold, told Kitco News during a telephone interview that he and the company are always looking for more opportunities. “We’re still looking at opportunities. If I can pull the trigger on a deal or a takeover merger or a larger transaction, why not, but it needs to make sense,” Grondin said. “I think that will be the trend in 2014. Some companies, they’re dying right now so they might be looking into doing something more at the corporate level so we will be listening and looking around. Interview and Telephone Con-Call forbes/sites/kitconews/2014/01/07/tomagold-open-for-more-ma-after-iamgold-agreement-ceo/ Financial information: TSX Venture Exchange Symbol: QIT Registrar and transfer agent: Computershare Bank: Scotia Bank Legal counsel: Seguin Racine, Attorney Auditors:Petrie Raymond, LLP Capital structure: Shares outstanding:10,849,998 Options: 420,000 exercisable at $0.10 per share
Posted on: Sun, 16 Mar 2014 20:09:07 +0000