Azteca Gold (VAN:AZG) Acquiring Remaining Stake in Two Mile Property Venture

Filed in Azteca Gold, Gold, shares, silver, Silver Royal Apex, Two Mile by on July 2, 2010 0 Comments

Azteca Gold (VAN:AZG) (PK:AZGFF) said it has agreed to acquire the rest of the 50 percent stake in the Two Mile Property joint venture it has with Silver Royal Apex.Terms of the deal will be for $6.1 million in stock.To pay for the acquisition Azteca said they’re going to issue 128 million in restricted common shares to Silver Royal Apex. Those shares won’t be allowed to be traded until four

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Azteca Gold (VAN:AZG) Acquiring Remaining Stake in Two Mile Property Venture

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