Abcourt Mines Inc. Acquires Pershimex Resources Corporation

November 18, 2022

Abcourt Mines Inc. entered into a definitive amalgamation agreement to acquire all issued and outstanding common shares of Pershimex Resources Corporation, creating a combined company (to be renamed Infinitas Gold Inc.) with a large Quebec-focused gold property portfolio. The transaction, structured as a three‑cornered amalgamation, will make Pershimex a wholly owned subsidiary of Abcourt pending shareholder and regulatory approvals and is intended to consolidate exploration and restart mining operations in the Abitibi region.

Buyers
Abcourt Mines Inc.
Targets
Pershimex Resources Corporation
Sellers
Pershimex shareholders
Location
Quebec, Canada
Transaction Type
Buyout

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