(NewsDirect)

Benchmark Metals president Jim Greig joined Steve Darling from Proactive to provide details the company has added to its portfolio by signing a definitive agreement to acquire Thesis Gold. This combination positions Benchmark Metals as a top contender in Canada's mining industry and could attract the interest of major and mid-tier mining companies.

Greig telling Proactive Thesis shareholders will receive a premium of approximately 26.2% to the closing price of Thesis shares prior to the announcement. The deal, once approved, will create one of the largest precious metals development and exploration companies in the Toodoggone Mining District of British Columbia. The deal also combines two key projects being Benchmark’s Lawyers and Thesis’s Ranch Project. Thesis Gold CEO Ewan Webster will become president and CEO of the combined company.

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