American Pacific Mining Completes Acquisition of Constantine Metal Resources

American Pacific Mining Corp. announced the completion of its acquisition of Constantine Metal Resources Ltd. on November 1, 2022, finalizing a plan of arrangement. This business combination integrates their respective mineral exploration and development portfolios.

The acquisition brings Constantine Metal Resources's existing projects, including the Palmer Copper-Zinc project in Alaska, under American Pacific Mining's umbrella. Constantine had previously noted contributions to the Palmer project through its subsidiary, Constantine North Inc.

Constantine's securityholders approved the arrangement at a special meeting in October, paving the way for the transaction's closure. The companies had initially announced their merger plans in September, subsequently distributing meeting materials related to the approval process.

American Pacific Mining is focused on gold and copper exploration. The company has recently reported assay results and filed technical reports for projects such as Madison Copper-Gold in Montana and the Gooseberry Project. Its operations are primarily located in North America.