Business
Pacific Topaz Resources Ltd. to combine with Western Atlas Resources Inc.
Pacific Topaz Resources Ltd. to combine with Western Atlas Resources Inc. Canada N...
About this update from Seasif Exploration Inc.
[{"type":"text","content":"\n\n\n\nPacific Topaz Resources Ltd. to combine with Western Atlas Resources Inc.\n\n/* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n.prngen3{\nBORDER-TOP:black 0pt; BORDER-RIGHT:black 0pt; VERTICAL-ALIGN: BOTTOM; BORDER-BOTTOM:black 0pt; TEXT-ALIGN: CENTER; PADDING-LEFT:0.50em; BORDER-LEFT:black 0pt; PADDING-RIGHT:0.50em\n}\n.prngen2{\nBORDER-TOP:black 0pt; BORDER-RIGHT:black 0pt; VERTICAL-ALIGN: BOTTOM; BORDER-BOTTOM:black 0pt; TEXT-ALIGN: RIGHT; PADDING-LEFT:0.50em; BORDER-LEFT:black 0pt; PADDING-RIGHT:0.50em\n}\n.prngen4{\nBORDER-TOP:black 0pt; BORDER-RIGHT:black 0pt; VERTICAL-ALIGN: BOTTOM; BORDER-BOTTOM:black 0pt; PADDING-LEFT:0.50em; BORDER-LEFT:black 0pt; PADDING-RIGHT:0.50em\n}\n.prntac{\nTEXT-ALIGN: CENTER\n}\n.prnml40{\nMARGIN-LEFT:3.33em\n}\n.prnsbt0{\nBORDER-TOP:0pt\n}\n.prnbcc{\nBORDER-COLLAPSE: COLLAPSE\n}\n.prnsbl0{\nBORDER-LEFT:0pt\n}\n.prnsbb0{\nBORDER-BOTTOM:0pt\n}\n.prnsbr0{\nBORDER-RIGHT:0pt\n}\n\n\n\n\n\n\n\nCanada NewsWire\nVANCOUVER, March 16, 2018\n\n\n\n/NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR DISSEMINATION IN THE UNITED STATES/\n\n\n\nVANCOUVER, March 16, 2018 /CNW/ - Pacific Topaz Resources Ltd. (\"Pacific\" or the \"Company\") (TSXV: PPZ.H) is pleased to announce that it has signed an arm's length non-binding letter of intent dated March 13, 2018 (the \"LOI) with Western Atlas Resources Inc. (\"Western Atlas\" or \"WA\") to effect a business combination.  Western Atlas is a privately held mineral exploration company based in British Columbia, and holds the rights to a package of mineral claims located in the Meadowbank and Committee Bay regions of Nunavut, Canada.  Certain of Western Atlas's fully-permitted and drill-ready claims are continguous with Agnico Eagle's Meadowbank project.\n\nThe LOI sets out the principal terms and conditions upon which Pacific and Western Atlas will complete a business combination (the \"Transaction\") pursuant to which Pacific will acquire 100% of the shares of Western Atlas via a reverse take-over.  The shareholders of Western Atlas will become shareholders of Pacific, a publicly traded TSX-V listed...