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    Numine Resources Announces Receipt of Conditional Approval for Its Qualifying Transaction

    Investing News Network
    Nov. 12, 2010 10:34AM PST
    Base Metals Investing

    Numine Resources (CVE:NMR.P) announces that it has received conditional approval from the Exchange for the acquisition of all the issued and outstanding securities of Sunset Cove Mining Inc.

    Numine Resources (TSXV:NMR.P) announces that it has received conditional approval from the Exchange for  the acquisition of all the issued and outstanding securities of Sunset Cove Mining Inc.

    The press release is quoted as saying:

    Numine Resources is pleased to announce that its Qualifying Transaction  involving the acquisition of all the issued and outstanding securities of Sunset Cove Mining Inc. has been conditionally approved by the Exchange. Sunset Cove is a junior exploration and development company that holds an option to acquire a 90% interest in the Carolay Poylmetallic Silver Property, located 320 km east of Trujillo in Peru. After completion of the QT, Numine will be renamed “Sunset Cove Mining Inc.”

    Lorne Woods, President and CEO of Sunset Cove Mining says:

    “This is a significant step in the development of Sunset Cove. We look forward to building shareholder value and continuing to work on and develop our Carolay Property.”

    To access the full release, click here.

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