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Investment Q&A

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Karora Resources Inc. (KRR)
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Westgold Resources Limited Ordinary shares (WGX)
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Q: Can you please explain what will happen to my KRR shares on TSX after the company reorganization?
Thank you!

Asked by Mihut on August 07, 2024

5i Research Answer:

KRR shares have now been delisted. Each share was exchanged for 2.524 shares of WGX, plus 60.8 cents cash, plus one share of Culico Metals. The latter has applied for a TSX-V listing. It may take brokers a few days to reflect these new positions in an investors' account.

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