ECOMETALS Message Board - Msg: 26291818

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Gold/Mining/Energy : ECOMETALS

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

From: basserdan	2/2/2010 1:09:48 AM
	of 245

Ecometals Announces Delay in Proposed Sale of Condor Gold Project Monday February 1, 2010, 12:23 pm EST TORONTO, ONTARIO--(Marketwire - Feb. 1, 2010) - Ecometals Limited ("Ecometals") (TSX VENTURE:EC - News; BERLIN:GDQ - News; FRANKFURT:GDQ - News) announced on the 12 January, 2010 it had entered into an agreement with Alca Gold Limited ("Alca") for the sale of Ecometals' entire holding of shares in Condormining Corporation S.A. and Condorview S.A. for US$9,000,000 to be satisfied in cash by the Alca at Closing. In the previous press release Ecometals indicated that closing of the transaction was scheduled to be on or before 25 January 2010, however Alca has requested an extension to the closing which Ecometals has agreed to provide. The parties have agreed to extend to a new closing to be on or before 28 February 2010. Both Ecometals and Alca have restated their commitment to the prompt completion of the proposed transaction. finance.yahoo.com

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next