Dataram (NASDAQ: DRAM), an independent manufacturer of memory products and provider of performance solutions, is trading 34% higher mid-day after announcing it has finalized its definitive agreement to acquire U.S. Gold Corp., a gold exploration and development company that controls multiple mining leases and mineral rights throughout the U.S., and its subsidiaries. The companies are working to finalize the preliminary S-4/Proxy, which they intend to file with NASDAQ next month. Once the NASDAQ review is completed, Dataram will file a definitive S-4/Proxy and will formally present the merger and associated consideration to the shareholders in early 2017 for review and approval.
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About Dataram Corporation
Dataram is an independent manufacturer of memory products and provider of performance solutions that increase the performance and extend the useful life of servers, workstations, desktops and laptops sold by leading manufacturers such as Dell, Cisco, Fujitsu, HP, IBM, Lenovo and Oracle. Dataram’s memory products and solutions are sold worldwide to OEMs, distributors, value-added resellers and end users. Additionally, Dataram manufactures and markets a line of Intel Approved memory products for sale to manufacturers and assemblers of embedded and original equipment. 70 Fortune 100 companies are powered by Dataram. Founded in 1967, the Company is a US based manufacturer, with presence in the United States, Europe and Asia. For more information about Dataram, visit www.dataram.com
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