Why did USGD.CN stock surge on Jan 12, 2026?

The stock rose after APM announced the sale of Tuscarora and Danny Boy to ICG, issuing 11,500,000 ICG shares and planning a pro rata distribution of 7,500,000 ICG shares to APM shareholders, creating a market catalyst and heavier trading volume.

What is Meyka AI's price forecast for USGD.CN stock?

Meyka AI's forecast model projects **C$0.30** in 12 months versus the current **C$0.235**, implying **27.66%** upside. This is a model projection and not a guarantee.

What are the main risks for USGD.CN stock after the deal?

Risks include shareholder and regulatory approval delays, conditional CSE listing for ICG, the contingent US$5.00 million payout dependency, and thin liquidity that can amplify volatility and widen spreads.

When will APM shareholders vote on the arrangement affecting USGD.CN stock?

The APM annual and special meeting is scheduled for Feb 18, 2026; only shareholders of record on Jan 2, 2026 will receive meeting materials and be entitled to vote on the Arrangement.

CA Stocks

USGD.CN American Pacific Mining (CNQ) +38.24% Jan 12, 2026: Arrangement fuels gains, watch ICG share distribution

ByHuzaifa Zahoor January 13, 2026January 13, 2026

USGD.CN stock led Canadian small-cap gainers on Jan 12, 2026, jumping 38.24% to C$0.235 on heavy volume after a plan of arrangement update. The move came as American Pacific Mining Corp. (USGD.CN) disclosed a share-for-assets deal with ICG Silver & Gold Ltd. and an expected pro rata distribution of ICG shares to APM shareholders. Trading volume hit 2,577,511 versus an average of 296,887, signaling active rotation into the name during market hours on the CNQ in Canada. We examine the deal mechanics, valuation, technical setup and model forecast