SolGold (“SOLG”) and Cornerstone Capital Resources Inc. (“CGP”), which holds a 20% indirect interest in SOLG’s flagship Alpala copper project on the Cascabel licence in Ecuador, have announced a friendly merger by which SolGold will acquire all issued and outstanding shares. This will either be done at a ratio of 15 SolGold shares for each Cornerstone share, or as a cash offer for up to 20% of the consideration, if SolGold elect to do so. Assuming no cash is used (given Alpala’s ongoing funding ....
