Tournigan Closes $5.5 Million Dalradian Sale

Resource Investing News

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.

For complete details of this press release, click this link.

To view  Tournigan’s company profile, click here.

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