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Gold/Mining/Energy : Gold and Silver Juniors, Mid-tiers and Producers

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From: koan4/27/2007 6:37:33 PM
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And they just issued new wts.

Stingray Resources acquires all of Noranda Exploracion

Stingray Resources Inc (C:SRY)
Shares Issued 12,781,330
Last Close 4/26/2007 $1.10
Friday April 27 2007 - Acquisition

The TSX Venture Exchange has accepted for filing a share purchase agreement dated Dec. 29, 2006, between Falconbridge Ltd., Noranda Mining and Exploration Inc. and the company. The company has acquired 100 per cent of Noranda Exploracion Mexico SA de CV (the El Pilar property). In consideration, the company paid an initial deposit of $2.25-million (U.S.), issued 4,219,652 shares to Falconbridge and paid $15.75-million (U.S.) on closing.

© 2007 Canjex Publishing Ltd.
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