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VANCOUVER, Nov. 18, 2019 /CNW/ - Golden Queen Mining Consolidated Ltd. (TSXV: GQM.H, OTCQB: GQMND) (the "Company" or "Golden Queen") announces that further to its news release of October 28, 2019 announcing the execution of a binding letter agreement (the "Letter Agreement") with respect to a proposed business combination transaction (the "Proposed Transaction") with Great American Minerals Exploration, Inc. ("GAME"), Golden Queen and GAME have mutually agreed to terminate the Letter Agreement. As a result, the Proposed Transaction will not proceed.
Golden Queen is considering all options and business opportunities, which may include further discussions with GAME regarding a transaction at a later date.
SOURCE Golden Queen Mining Co. Ltd.
For further information: Brenda Dayton, Telephone: 604.417.7952, Email: [email protected]