Applegath firms plan merger

A trio of companies in the Albert Applegath fold, Tundra Gold Mines (VSE), Oneida Resources (VSE) and Golden Pond Resources (VSE) plan to amalgamate into a new company called TGO Resources.

The group’s management says the amalgamation will reduce administrative costs and make public and private financings feasible.

The amalgamation is subject to regulatory and shareholder approval.

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