|Bid||0.04 x 0|
|Ask||0.04 x 0|
|Day's Range||0.04 - 0.04|
|52 Week Range||0.04 - 0.04|
|PE Ratio (TTM)||N/A|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|
Pele Mountain Resources Inc. (GEM.V) (“Pele” or the “Company”) today announced that it has entered into a non-binding letter of intent (the “LOI”) with Bhang Corporation (“Bhang”), a privately-held Nevada corporation, to acquire a 100% interest in Bhang via a business combination transaction that would constitute a reverse take-over and change of control of Pele (the “Transaction”). The final structure of the Transaction will be determined by Bhang and Pele to accommodate tax considerations, accounting treatment and applicable legal and regulatory requirements.
Pele Mountain Resources Inc (TSXV:GEM) is currently trading at a trailing P/E of 2x, which is lower than the industry average of 10.5x. While GEM might seem like an attractiveRead More...
VANCOUVER , Dec. 6, 2017 /CNW/ - Trading resumes in: Company: PELE MOUNTAIN RESOURCES INC. TSX-Venture Symbol: GEM Resumption (ET): 8:00 AM December 7, 2017 Company: CASA MINERALS INC., Formerly Abcana ...
Vancouver, British Columbia--(Newsfile Corp. - December 6, 2017) - Trading resumes in: Company: Pele Mountain Resources Inc. TSX-V Symbol: GEM ...