
DealsJun 10, 2026, 06:07 AM
Pacific Booker Confirms Termination of American Eagle Gold Takeover Bid
AI Summary
Pacific Booker Minerals Inc. confirmed that American Eagle Gold Corp. has terminated its unsolicited take-over bid for all outstanding common shares of Pacific Booker. Following this development, Pacific Booker will proceed with its previously announced strategic review process, which is being overseen by an independent Special Committee of the Board. Additionally, the company issued a correction regarding a prior press release, clarifying that Kent Zehr's professional engineer status had lapsed.
Key Highlights
- American Eagle Gold Corp. terminated its unsolicited take-over bid for Pacific Booker Minerals Inc. effective immediately.
- Pacific Booker Minerals will continue its previously announced strategic review process, led by an independent Special Committee.
- The company issued a correction regarding Kent Zehr, stating his professional engineer status had lapsed as of December 31, 2025.
Price Impact
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