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The Nugget Trap (RWA) Token Offering NGTG$$ commences trading

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The Nugget Trap (RWA) Token Offering NGTG$$ commences trading - Benzinga

Quick Summary:

Cunningham Mining Ltd ("CML") has entered into a definitive arrangement agreement with American Creek Resources Ltd ("American Creek") pursuant to which CML has agreed to acquire all of the issued and outstanding common shares of American Creek at a price of USD $0.31per Share in an arm's-length, all-cash transaction valued at approximately USD $150 million on a fully diluted basis.

HOUSTON, Oct.25, 2024 (GLOBE NEWSWIRE) -- Houston Natural Resources Corp (OTC:HNRC) portfolio company Cunningham Mining Ltd announced today the launch of its Nugget Trap Token (NGTG$$) offering on the Biconomy Exchange ( ) ( ).

This arrangement provides Cunningham Mining with considerable flexibility, as the company retains control over the timing and maximum amount of drawdowns, without any minimum drawdown obligations ( ).

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Article Details

Author / Journalist: Globe Newswire

Category: InvestingBusiness

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Article Type: News Report

Published On: 2024-10-25 @ 13:19:00 (3 days ago)

News Timezone: GMT +8:00

News Source URL: benzinga.com

Language: English

Article Length: 771 words

Reading Time: 5 minutes read

Sentences: 32 lines

Sentence Length: 25 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Benzinga

News ID: 23289312

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