Revolver to Acquire Operating Iron Ore Assets in Brazil

Revolver Resources Inc., (TSXV:RZ) reports that it has entered into an arm’s length letter of intent with Oculus Mining S.A. relating to a reverse takeover transaction.

The press release is quoted as saying,

Trading in the shares of Revolver has been halted in accordance with the policies of the TSX Venture Exchange and will remain halted until such time as all required documentation has been filed with and accepted by the TSXV and permission to resume trading has been obtained from the TSXV.

For the complete press release, click here.