NorthStar Gaming, the Canadian online casino and sportsbook operator based in Toronto, has announced that it completed the reverse takeover of Baden Resources, a mineral exploration company focused on the acquisition, exploration and development of mineral properties in Canada and the United States of America.
The arrangement was first made public in June 2022 and it stipulated that Baden Resources, which owns Midway Property, a Canadian property business, combined with NorthStar gaming Incorporated and a wholly owned subsidiary of Baden.
The agreement led to the reverse takeover by former shareholders of NorthStar, with Baden Resources changing its name to NorthStar Gaming Holdings Inc. Common shares of Baden Resources were delisted from the Canadian Stock Exchange, while the newly combined business has its shares listed on the TSX Venture Exchange, trading under the symbol ‘BET’.