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Tournigan Energy reports completes its sale to SA Resources, Ltd. of all of the issued and outstanding shares of Dalradian Gold Ltd. SA acquired Dalradian from Tournigan in consideration for a total payment of C$5.5 million. Of this amount, Tournigan received C$2.5 million in cash and the balance of C$3 million in the form of an interest-free …
Tournigan Energy reports completes its sale to SA Resources, Ltd. of all of the issued and outstanding shares of Dalradian Gold Ltd.
SA acquired Dalradian from Tournigan in consideration for a total payment of C$5.5 million. Of this amount, Tournigan received C$2.5 million in cash and the balance of C$3 million in the form of an interest-free secured promissory note due on December 31, 2009.
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