Waraba Gold Limited (CNSX:WBGD) entered into a definitive agreement to acquire 1273795 B.C. LTD. for CAD 8.3 million on January 6, 2021. As per the transaction, Waraba Gold will issue 25.69 million shares to shareholders of 1273795 B.C. as consideration for 3 million issued and outstanding shares of 1273795 B.C., at a deemed price equal to the maximum discount allowed by the Canadian Securities Exchange at time of issuance. Completion of the acquisition is subject to a number of conditions, including acceptance by governing regulatory bodies, if applicable. The acquisition cannot close until the required approvals are obtained. There can be no assurance that the Acquisition will be completed as proposed or at all. Waraba Gold Limited (CNSX:WBGD) completed the acquisition of 1273795 B.C. LTD. on January 21, 2021.