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Golden Touch Resources (TSXV:GOT,FWB:0GT) announced that Mediterranean Resources (TSX:MNR) is acquiring Golden Touch Australia.
Golden Touch Resources (TSXV:GOT,FWB:0GT) announced that Mediterranean Resources (TSX:MNR) is acquiring Golden Touch Australia.
As quoted in the press release:
GOT understands that it is Mediterranean’s current intention to spin out the chromite assets to a standalone vehicle in a distribution to its shareholders. The chromite asset acquired from Golden Touch will be combined with other chromite assets in Albania and elsewhere to make a chromite-specific exploration mining entity.
Click here for the Golden Touch Resources (TSXV) press release.
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