Alexis Minerals Announces Approval for Acquisition of Remaining Shares of Garson Gold

- April 27th, 2010

Alexis Minerals Corporation (TSX:AMC)(OTCQX:AXSMF) and Garson Gold Corp. (TSX VENTURE:GG) reported that Garson Gold shareholders have overwhelmingly approved the business combination by statutory plan of arrangement pursuant to which Alexis will acquire all of the remaining common shares of Garson Gold and Garson Gold will become a wholly-owned subsidiary of Alexis.

Alexis Minerals Corporation (TSX:AMC)(OTCQX:AXSMF) and Garson Gold Corp. (TSX VENTURE:GG) reported that Garson Gold shareholders have overwhelmingly approved the business combination by statutory plan of arrangement pursuant to which Alexis will acquire all of the remaining common shares of Garson Gold and Garson Gold will become a wholly-owned subsidiary of Alexis.

The press release is quoted as saying:

Alexis Minerals Corporation is a Canadian mining company listed on the Toronto Stock Exchange (symbol “AMC”) and trades in the US on the Over the Counter QX International platform (“OTCQX: AXSMF”) The Company owns one producing gold mine in Val-d’Or and the right to earn a 100% interest in the Lac Pelletier gold property in Rouyn-Noranda, both in Quebec, Canada. Garson Gold holds the Snow Lake Mine (formerly New Britannia Mine) Project in Snow Lake Manitoba. The Snow Lake Mine covers approximately 4,840 hectares and hosts the historic Snow Lake Gold Mine which operated from 1949 to 1958 and again from 1995 to 2005 and produced approximately 1.44 million ounces of gold

Click here to access the entire press release

Click here to access Alexis Minerals Corporate Site

Click here to access Garson Gold Corporate Site

Tags

Tags: ,

Leave a Reply