RNC Gold Inc. merged with Tango Mineral Resources Inc. by way of a securities exchange agreement, on December 4, 2003. The RNC shares and warrants commenced trading on the TSE on December 10, with a market capitalization of approximately $70 million.
RNC was represented by Fasken Martineau DuMoulin LLP, with a team that included Chuck Higgins, Gregory Ho Yuen, Janice Javier and Sean Morley (corporate/securities), Alan Schwartz (tax) and John Torrey (banking). Tango was represented by Beach Hepburn LLP in Toronto, with a team that included Wayne Beach, Mark Wheeler and Daniel Bloch. Jennings Capital Inc., RNC’s sponsor, was represented by Richard Lachcik of Macleod Dixon LLP.