Suparna Gold Corp. Completes Acquisition of Orion Resources N.V.
Jul. 15, 2011 03:17PM PST
Gold InvestingSuparna Gold Corp. (CVE:SUG) announced that its acquisition of Orion Resources is now complete.
Suparna Gold Corp. (TSXV:SUG) announced that its acquisition of Orion Resources is now complete.
The press release is quoted as saying:
In accordance with the terms of a share acquisition agreement dated May 6, 2011, as amended, the Company acquired 80% of the issued and outstanding voting shares of Orion from Kapelka in consideration for (i) the issuance to Kapelka of 10,000,000 common shares of Suparna.