|Bid||0.000 x 0|
|Ask||0.000 x 0|
|Day's Range||0.012 - 0.012|
|52 Week Range||0.012 - 0.034|
|PE Ratio (TTM)||N/A|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|
VANCOUVER , May 22, 2018 /CNW/ - Pacton Gold Inc. (TSXV: PAC, OTC: PACXF) (the "Company" or "Pacton") is pleased to announce that it has entered into a binding letter of intent ("LOI") to acquire 100% of the shares in Drummond East Pty Ltd (" Drummond East "), an arm's length Australian proprietary limited exploration company wholly owned by Impact Minerals Limited (IPT.AX) ("Impact"). Pilbara total land portfolio now increased to approximately 2,227 sq km, which equates to ~18.6% in holdings when compared to the size of Novo Resources Corp. (NVO.V) land holdings, of approximately 12,000 sq km. Transaction will place Pacton as the 3rd largest land holder in the Pilbara.
While small-cap stocks, such as Impact Minerals Limited (ASX:IPT) with its market cap of AUD A$31.81M, are popular for their explosive growth, investors should also be aware of their balanceRead More...