Shareholders back takeover of gold company active north of Sault
Shareholders of a gold exploration company active north of Sault Ste. Marie have agreed to a takeover sought by a mineral exploration company that’s searching for copper in the Batchawana area. Sterling Metals expects to close the arrangement by Tuesday, a release said. Each share of QcX Gold Corp. will receive 0.20789 of a Sterling share as part of the deal. Voting results were not announced by Toronto-based Sterling, but the deal needed the support of about 67 per cent of votes cast by