TSX approves disposition of Jubilee zinc and lead project – Frontline Gold

Steel Guru.com reports that the TSX has approved the sale of Frontline Gold Corporation’s (TSXV:FGC) 50% interest in the Jubilee Zinc Lead Project.

The story is quoted as saying:

The TSX Venture Exchange issued final approval to both Frontline and Merrex Gold Inc for the sale of Frontline’s 50% interest in the Jubilee Zinc Lead Project and related surface rights to Merrex for USD 500,000 to be paid by the issuance of 1,000,000 common shares of Merrex at a deemed issue price of USD 0.50 per share

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