Guyana · Business
Key Facts
—Acquirer Canadian XAU Resources Inc.
—Target QS Holdings Inc., Barbados parent of Guyanese permit holder Qstone Inc.
—Deal value C$70 million (~US$52 million) indicative value per the letter of intent
Canadian XAU Resources to Acquire Guyana Quartzstone Gold
Canadian firm XAU Resources Inc. has entered into a letter of intent to acquire QS Holdings Inc., the Barbados-based company that controls the Quartzstone Gold Project in Guyana, valuing the deal at approximately C$70 million.
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