The Traderszone Network

Published in TZ Latest News 25 September, 2017 by The TZ Newswire Staff

Nevada Zinc Announces Proposed Going Public Transaction of Majority Owned Generic Gold Corporation With Wamco Technology

TORONTO, Sept. 25, 2017 (GLOBE NEWSWIRE) — Nevada Zinc Corporation (“Nevada Zinc” or the “Company”) (TSX-V:NZN) is pleased to announce that Generic Gold Corporation (“Generic Gold”), a subsidiary of the Company holding its Yukon gold assets, has executed a binding letter of intent (“LOI”) with  Wamco Technology Group Ltd. (“Wamco”), a reporting issuer, to complete a going public transaction by way of a business combination (the “Business Combination”) between Generic and Wamco.  Nevada Zinc currently owns 75% of Generic Gold’s outstanding common shares.

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