Recent news make this one, an interesting stock to follow..
Here's part of that news:
''Eagle Hill Exploration Corporation to Combine with Oban Mining Corporation-Temex Resources Corp.-Ryan Gold Corp.-Corona Gold Corporation
9:36AM ET on Tuesday Jun 09, 2015 by Marketwire
Eagle Hill Exploration Corporation (TSX VENTURE: EAG) is pleased to announce that Oban Mining Corporation (TSX: OBM) ("Oban" or "the Company") has entered into binding letter agreements providing for the launching of supported share exchange take-over bids with each of Eagle Hill Exploration Corporation ("Eagle Hill"), Temex Resources Corp. (TSX VENTURE: TME) ("Temex"), Ryan Gold Corp. (TSX VENTURE: RYG) ("Ryan Gold") and Corona Gold Corporation (CSE: CRG) ("Corona"). Oban has the option to revise the transaction structure for each bid and proceed by way of plan of arrangement should it conclude that is necessary or desirable. Completion of the transactions is subject to Toronto Stock Exchange ("TSX") approval. The combination of these five companies will create a leading Canadian focused gold exploration and development company (herein referred to as "New Oban").
In addition, Oban has agreed, subject to TSX approval, to complete a private placement (the "Private Placement") with Osisko Gold Royalties Ltd. ("Osisko") whereby Osisko will invest up to $20M in common shares in the capital of Oban ("Oban Shares") at a price of $0.11 per Oban Share (the deemed net asset value per share value of Oban), provided that such investment shall not be for more than 19.9% of New Oban....''
g.p.
