Tag Archives: PMI
ASANTE GOLD CORPORATION: ADVANCE NOTICE POLICY, ROYALTY ACQUISITION UPDATE AND WORKING CAPITAL LOAN AGREEMENT
About Asante Gold Corporation
RESIGNATION OF CHAIRMAN
PMI Gold Corporation (“PMI”) (TSX: PMV, ASX: PVM, Frankfurt: PN3N.F) and Keegan Resources Inc. (“Keegan”) (TSX, NYSE MKT: KGN) today jointly announced that they have terminated the current arrangement agreement (the “Arrangement Agreement”) that was entered into on December 5, 2012.
Vancouver, British Columbia, February 18, 2013 – PMI Gold Corporation (“PMI”) (TSX: PMV, ASX: PVM, Frankfurt: PN3N.F) and Keegan Resources Inc. (“Keegan”) (TSX, NYSE MKT: KGN) jointly announced today that they have terminated the arrangement agreement (the “Arrangement Agreement”) they entered into on December 5, 2012 in accordance with its terms. This decision comes as a result of the mutual determination of PMI and Keegan that it is unlikely that PMI’s shareholders will approve the transactions contemplated by the Arrangement Agreement. The termination of the Arrangement Agreement is not on account of any differences arising between the respective boards about valuation issues or on account of any new facts having come to their attention.
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|TSX Venture Exchange: PMV|
|Australian Securities Exchange: PVM|