Gold News | Kinbaruri Gold Investment Deal with Glen Eagle Cancelled

in Gold Gold Bullion prices Gold Company Gold Eagle Gold Investing Gold News Kinbarui Gold Corp by admin — June 5, 2009 1:13 pm | no comments

Gold NewsThe proposed investment deal between Kinbauri Gold Corp and Gold Eagle Resources has been halted, as Kinbauri Gold said they didn’t feel comfortable with the funding arrangements by Glen Eagle, and believed there wasn’t enough funding available to make the deal happen.Glen Eagle had in April offered to invest C$32 million in Kinbauri for a 45 percent stake in Kinbauri Espana unit –

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Gold News | Kinbaruri Gold Investment Deal with Glen Eagle Cancelled

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