on Pentagon I Capital Corp. (CVE:PNTI.P)
Prospectiva Resources Ltd. Finalizes Merger with Prospectiva UK
Prospectiva Resources Ltd. has concluded its merger with Prospectiva UK, focusing on copper and gold exploration in Brazil. This merger marks Prospectiva's qualifying transaction under the TSX Venture Exchange's CPC Policy. The company now operates under the name Prospectiva Resources Ltd., replacing Pentagon I Capital Corp. Trading of Prospectiva's shares on the TSXV is expected to commence under the symbol "PSVA" around August 14, 2026.
The transaction followed a definitive agreement dated July 7, 2026, involving the amalgamation of subsidiaries and the acquisition of Prospectiva UK shares. The merger incorporates Terra Firme Exploração Mineral Ltda., owner of the Borborema Project, into Prospectiva's holdings. Shareholder consensus led to the consolidation of shares and the company's renaming. The merger promotes ongoing exploration in Pernambuco and Paraíba, enhancing its mineral exploration endeavors.
R. H.
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