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Madoro Metals files for TSXV review to advance reverse takeover with Narrow River Resources

Company Fundamentals
29 Sep 2026
TheNewswire
View Source
Bullish
Madoro Metals files for TSXV review to advance reverse takeover with Narrow River Resources

Madoro Metals Corp. has filed initial documents with the TSX Venture Exchange to start the review process for its proposed reverse takeover of Narrow River Resources. This step allows Madoro to call a shareholder meeting to approve the deal, which includes a private placement to raise up to C$1.23 million. Completion depends on regulatory approvals, shareholder consent, and closing conditions. The transaction aims to advance Madoro's mineral projects, including the Lac Simard project, with further updates expected as the process continues.

Madoro Metals Corp.'s proposed reverse takeover with Narrow River Resources is the subject, with Pluang's Basic Materials sector data as context. For readers following Basic Materials, here is Pluang's market snapshot as of Sep 30, 2026 04:12 WIB: Of 38 priced US stocks, 10 rose and 28 fell. CF Industries Holdings traded at USD 114.75 with a 1-day change of -3.11% and 100% buy order activity, contrasting with Endeavour Silver Corp at USD 8.75, down 2.34% but with 92% buy orders, and Icl Group Ltd at USD 5.03 down 2.14%.

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