ECC Ventures 5 Corp. Enters Into Business Combination Agreement with Bayrock Resources for Qualifying Transaction
ECC Ventures 5 Corp. (TSX-V:ECCV.P) has entered into a business combination agreement with Bayrock Resources, an Australian mining company. The deal involves a three-cornered amalgamation, with ECC5 acquiring Bayrock's subsidiaries. ECC5 will issue 20,996,173 shares and warrants to Bayrock shareholders. The transaction is expected to graduate ECC5 to Tier 2 on the TSX Venture Exchange as a mining issuer. Bayrock holds exploration projects in Norway and Sweden.





