Silicon Investor (SI) -- The First Internet Community

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 : ST. ANDREWS SAS t. -- Ignore unavailable to you. Want to Upgrade?

To: aknahow who wrote (81)	2/22/2007 9:59:57 AM
From: mcneill46	Read Replies (2) \| Respond to of 105

St Andrew increases Apollo interest to 12.3% 2007-02-06 16:25 ET - News Release Mr. Glenn Laing reports ST ANDREW ANNOUNCES FURTHER INCREASE IN STRATEGIC POSITION IN APOLLO GOLD CORPORATION St Andrew Goldfields Ltd. has increased its position in Apollo Gold Corp. to approximately 12.3 per cent. St Andrew has filed with the United States Securities Exchange Commission an amendment to its statement of beneficial ownership on Schedule 13D confirming that as of Feb. 2, 2007, it had acquired 2,254,000 shares of Apollo. On Feb. 5, 2007, St Andrew acquired an additional 1,057,900 shares for a total of 17,546,100 shares. As of Feb. 6, 2007, St Andrew held an approximate 12.3-per-cent interest in Apollo. This additional interest increases the strategic investment in Apollo to approximately 12.3 per cent of the outstanding common shares of Apollo on an undiluted basis and is part of St Andrew's strategy to become a mid-tier gold mining company and exploration company through the acquisition of direct or indirect interests in gold properties in known gold belts located in stable political environments throughout the world.