The industry trend of corporate mergers remains a common market theme, with a growing number of junior resource companies seeking synergy through combination. Yukon-focused uraniumhunters Cash Minerals (CHX-V, CHXMF-O) and Signet Minerals (SGN-V, SGTMF-O) recently agreed to merge under plans they say will position Cash as a "consolidator of uranium exploration companies." Under the plan of arrangement, Signet shareholders stand to receive one unit of Cash Minerals for each Signet share held. Units will consist of 0.67 of a Cash share plus half a warrant, with each full warrant exercisable at 1.75 dollar for three years. Cash has locked up support of shareholders representing about 21 percent of Signet's outstanding shares.
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