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Emergent Metals Corp.
(MENAFN- Baystreet) 12:55 PM EST - Emergent Metals Corp.: Announced that it has entered into a definitive agreement with Lahontan Gold Corp. (TSXV: LG, OTCQB: LGCXF, FSE: Y2F), pursuant to which Lahontan will acquire all of the issued and outstanding common shares of Emergent. Under the terms of the Transaction, Emergent shareholders will receive 0.3115 of a common share of Lahontan for each Emergent Share held, representing approximately one Lahontan Share for every 3.21 Emergent Shares. Based on the closing price of the Lahontan Shares of C$0.37 on September 15, 2026, the Exchange Ratio implies consideration of approximately C$0.1153 per Emergent Share, representing a premium of approximately 47.8% to the 30-trading-day volume-weighted average trading price (“VWAP”) of C$0.0780 for the Emergent Shares for the period ended September 15, 2026. Emergent Metals Corp.
shares V are trading up 2 cents at $0.10.
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