Tiernan Gold is advancing toward becoming a publicly listed company through a reverse takeover (RTO) transaction with Railtown Capital Corp., a capital pool company (CPC) which trades in the TSXV under RLT.P
Transaction Highlights
- Railtown to acquire Tiernan and change its name to Tiernan Gold Corp.
- Railtown to offer shares for Tiernan share resulting in 13% Railtown / 87% Hochschild ownership
- Pro-forma combined entity has $15M cash
- Binding Letter of Intent executed Sept 2, 2025
RTO Transaction Timeline
