Forge Resources Files Business Acquisition Report Supported by Audit and Independent Valuation for Aion Mining Corp, Fully Permitted Coal Project, Colombia
Forge Resources Corp. (CSE: FRG) (OTCQB: FRGGF) has filed a Business Acquisition Report on SEDAR+ for its 40% stake in Aion Mining Corp, a fully permitted coal project in Santander, Colombia. The report is supported by an audit and independent valuation. Key highlights include:
1. Successful completion of an audit by WDM Chartered Accountants for Aion Mining's financial statements for fiscal years ending December 31, 2022, and 2023.
2. An independent valuation conducted by Evans and Evans, Inc., a Chartered Business Valuator (CBV), affirming the company's asset value.
These developments underscore Forge Resources' commitment to strategic growth and provide a clear perspective on the company's financial standing and strategic positioning.
Forge Resources Corp. (CSE: FRG) (OTCQB: FRGGF) ha presentato un Rapporto di Acquisizione Aziendale su SEDAR+ per la sua partecipazione del 40% in Aion Mining Corp, un progetto minerario di carbone completamente autorizzato a Santander, Colombia. Il rapporto è supportato da un audit e una valutazione indipendente. I punti salienti includono:
1. Completamento con successo di un audit effettuato da WDM Chartered Accountants sui bilanci di Aion Mining per gli anni fiscali conclusi il 31 dicembre 2022 e 2023.
2. Una valutazione indipendente condotta da Evans and Evans, Inc., un Valutatore Aziendale Accreditato (CBV), che conferma il valore degli asset dell'azienda.
Questi sviluppi sottolineano l'impegno di Forge Resources per una crescita strategica e forniscono una chiara prospettiva sulla situazione finanziaria e sul posizionamento strategico dell'azienda.
Forge Resources Corp. (CSE: FRG) (OTCQB: FRGGF) ha presentado un Informe de Adquisición Empresarial en SEDAR+ sobre su participación del 40% en Aion Mining Corp, un proyecto de carbón completamente autorizado en Santander, Colombia. El informe está respaldado por una audit y una valoración independiente. Los puntos destacados incluyen:
1. Conclusión exitosa de una auditoría realizada por WDM Chartered Accountants de los estados financieros de Aion Mining para los años fiscales que terminan el 31 de diciembre de 2022 y 2023.
2. Una valoración independiente realizada por Evans and Evans, Inc., un Valuador de Negocios Certificado (CBV), que confirma el valor de los activos de la empresa.
Estos desarrollos subrayan el compromiso de Forge Resources con el crecimiento estratégico y proporcionan una perspectiva clara sobre la situación financiera y el posicionamiento estratégico de la empresa.
Forge Resources Corp. (CSE: FRG) (OTCQB: FRGGF)는 콜롬비아 산탄데르의 완전 허가된 석탄 프로젝트인 Aion Mining Corp의 40% 지분에 대한 사업 인수 보고서를 SEDAR+에 제출했습니다. 이 보고서는 감사와 독립적인 평가로 뒷받침됩니다. 주요 내용은 다음과 같습니다:
1. 2022년과 2023년 12월 31일에 종료되는 회계 연도에 대한 Aion Mining의 재무제표에 대한 WDM 공인 회계사의 성공적인 감사 완료.
2. 이 회사의 자산 가치를 확인하는 공인 비즈니스 평가사(CBV)인 Evans and Evans, Inc.가 실시한 독립적인 평가.
이러한 발전은 Forge Resources의 전략적 성장에 대한 헌신을 강조하며 회사의 재무 상태와 전략적 위치에 대한 명확한 관점을 제공합니다.
Forge Resources Corp. (CSE: FRG) (OTCQB: FRGGF) a déposé un Rapport d'Acquisition d'Entreprise sur SEDAR+ concernant sa participation de 40 % dans Aion Mining Corp, un projet de charbon entièrement autorisé à Santander, en Colombie. Le rapport est soutenu par un audit et une évaluation indépendante. Les points clés incluent :
1. Achèvement réussi d'un audit par WDM Chartered Accountants des états financiers d'Aion Mining pour les exercices se terminant le 31 décembre 2022 et 2023.
2. Une évaluation indépendante réalisée par Evans and Evans, Inc., un Évaluateur d'Affaires Accrédité (CBV), confirmant la valeur des actifs de l'entreprise.
Ces développements soulignent l'engagement de Forge Resources envers une croissance stratégique et fournissent une perspective claire sur la situation financière et le positionnement stratégique de l'entreprise.
Forge Resources Corp. (CSE: FRG) (OTCQB: FRGGF) hat einen Bericht zur Unternehmensakquisition auf SEDAR+ über seine 40%ige Beteiligung an Aion Mining Corp, einem vollständig genehmigten Kohlenprojekt in Santander, Kolumbien, eingereicht. Der Bericht wird von einem Audit und einer unabhängigen Bewertung unterstützt. Die wichtigsten Punkte sind:
1. Erfolgreicher Abschluss eines Audits von WDM Chartered Accountants für die Finanzberichte von Aion Mining für die zum 31. Dezember 2022 und 2023 endenden Geschäftsjahre.
2. Eine von Evans and Evans, Inc., einem Chartered Business Valuator (CBV), durchgeführte unabhängige Bewertung, die den Unternehmenswert der Vermögenswerte bestätigt.
Diese Entwicklungen unterstreichen das Engagement von Forge Resources für strategisches Wachstum und bieten eine klare Perspektive auf die finanzielle Lage und strategische Positionierung des Unternehmens.
- Successful completion of audit for Aion Mining's financial statements, confirming accuracy and reliability of financial reporting
- Independent valuation affirming the company's asset value, providing objective perspective on financial standing
- 40% ownership in a fully permitted coal project in Colombia, indicating potential for revenue generation
- None.
Vancouver, British Columbia--(Newsfile Corp. - August 20, 2024) - Forge Resources Corp. (CSE: FRG) (OTCQB: FRGGF) (FSE: 5YZ) ("FRG" or the "Company") is pleased to announce a Business Acquisition Report has been filed on SEDAR+ related to the
Cole McClay, CEO of Forge Resources states: "Completing the Business Acquisition Report, audit, and independent valuation marks a milestone for our company. This comprehensive analysis not only underscores our commitment to strategic growth, but also provides the support needed to drive forward with confidence and clarity."
Completion of Audit
Aion Mining in collaboration with Forge Resources, has successfully completed its audit of financial statements for the two fiscal years ending December 31, 2022, and 2023. The audit conducted by WDM Chartered Accountants confirmed the accuracy and reliability of the company's financial reporting. This successful audit underscores the Company's commitment to accountability as it continues to advance its strategic initiatives and growth plans.
Completion of Valuation
The Company has recently completed an independent valuation conducted by Evans and Evans, Inc., a Chartered Business Valuator (CBV), which has affirmed the company's asset value. The comprehensive assessment, which included an in-depth analysis of the company's assets, market conditions, highlights the strong value proposition of Aion Mining Corp. The valuation provides a clear and objective perspective on the company's financial standing and strategic positioning, offering valuable insights for potential future investment.
About Forge Resources Corp.
Forge Resources Corp. is a Canadian-listed junior exploration company focused on exploring and advancing the Alotta project, a prospective porphyry copper-gold-molybdenum project located 50 km south-east of the Casino porphyry deposit in the unglaciated portion of the Dawson Range porphyry/epithermal belt in the Yukon Territory of Canada. The Company holds a
On behalf of the Board of Directors
"Cole McClay", CEO Forge Resources Corp.
info@forgeresourcescorp.com
604-271-0826
Forward-Looking Statements
Certain of the statements made and information contained herein may contain forward-looking information within the meaning of applicable Canadian securities laws. Forward-Looking information includes, but is not limited to, information concerning the Company's intentions with respect to the development of its mineral properties. Forward-Looking information is based on the views, opinions, intentions and estimates of management at the date the information is made, and is based on a number of assumptions and subject to a variety of risks and uncertainties and other factors that could cause actual events or results to differ materially from those anticipated or projected in the forward-looking information (including the actions of other parties who have agreed to do certain things and the approval of certain regulatory bodies). Many of these assumptions are based on factors and events that are not within the control of the Company and there is no assurance they will prove to be correct. There can be no assurance that forward-looking information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such information. The Company undertakes no obligation to update forward-looking information if circumstances or management's estimates or opinions should change except as required by applicable securities laws, or to comment on analyses, expectations or statements made by third parties in respect of the Company, its financial or operating results or its securities. The reader is cautioned not to place undue reliance on forward-looking information. We seek safe harbor.
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/220537
FAQ
What is the significance of Forge Resources (FRGGF) filing a Business Acquisition Report?
Who conducted the audit for Aion Mining Corp, and what period did it cover?
What company performed the independent valuation for Forge Resources (FRGGF), and what did it reveal?
Where is the coal project owned by Aion Mining Corp located?
