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Friday, 25 May 2012
Extorre Gold adopts shareholder rights plan
Gold explorer Extorre Gold Mines (AMEX:XG) (NYSE MKT:XG) (TSE:XG) said Friday its board has approved a shareholder rights plan, effective today.
However, the plan is subject to shareholder ratification within six months in order to remain in place.
The plan is designed to protect shareholders and provide them with adequate time to consider and evaluate any unsolicited bid made for the company.
The rights will become exercisable only if a person, together with its affiliates, associates and
However, the plan is subject to shareholder ratification within six months in order to remain in place.
The plan is designed to protect shareholders and provide them with adequate time to consider and evaluate any unsolicited bid made for the company.
The rights will become exercisable only if a person, together with its affiliates, associates and
Prophecy Platinum unveils "encouraging" assays from Wellgreen project
Prophecy Platinum Corp. (CVE:NKL)(OTCQX:PNIKF) Friday provided results of a full spectrum analysis of Platinum group elements (PGE) on the first batch of samples from its 100 percent-owned Wellgreen project, located in the Yukon.
Activation Laboratories conducted the analysis of samples taken from the 2011 drill hole WS11-188, whose initial results were announced last September.
The company said that adding rhodium (Rh), ruthenium (Ru), osmium (Os) and iridium (Ir) to Platinum (Pt) and
Activation Laboratories conducted the analysis of samples taken from the 2011 drill hole WS11-188, whose initial results were announced last September.
The company said that adding rhodium (Rh), ruthenium (Ru), osmium (Os) and iridium (Ir) to Platinum (Pt) and
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