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MRQRF: Shareholders of Monarch have received, for each Monarch Share held: i) $0.192 in cash from Yamana (the "Cash Consideration"); ii) 0.0376 of a common share of Yamana (each whole common share of Yamana, a "Yamana Share"); and iii) 0.20 of a common share of Monarch Mining Corporation ("SpinCo") (each whole common share of SpinCo, a "SpinCo Share") (collectively, the "Consideration")
Monarques Gold Corporation. (TSX-V: MQR) is a junior gold exploration company currently focusing its efforts on the development of gold projects along the Cadillac Break, in the Val-d’Or area of Quebec. Monarques currently has nearly 200 km² of property holdings in the Val-d’Or area with two mining concessions, one mining lease and over $9.4 million in credits from the Ministère de l’Énergie et des Ressources naturelles.
Monarques Gold Corporation
1, Place Ville Marie
Bureau 2001
Montreal, QC H3B 2C4
Canada
http://www.monarquesgold.com/en
Monarques Gold Corporation, a junior gold exploration company, engages in the acquisition and development of mining properties in Canada. It holds interests in Croinor Gold property, Simkar Gold property, Regcourt Gold property, and Belcourt Gold property that cover approximately 200 square kilometers comprising 2 mining concessions and 1 mining lease located in the Val-d'Or area, Quebec. The company was formerly known as Monarques Resources Inc. and changed its name to Monarques Gold Corporation in January 2015. Monarques Gold Corporation was incorporated in 2011 and is headquartered in Montreal, Canada.