Stelmine Canada closes acquisition agreement

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Tue, Dec 15, 2009
Rare Earth Company News
Post by Anne B, Rare Earth Researcher

Stelmine Canada Ltd. (TSX VENTURE:STH) announced the closing of an acquisition agreement. According to the agreement the company can acquire up to a 100% interest in 80 mining claims covering an area of 4,800 hectares divided into 5 blocks, located in the Wakefield Alkaline Complex north of Gatineau, Quebec.

The press release is quoted as saying:

Stelmine’s management is very pleased with this acquisition, which is consistent with the new rare earth development orientation that management wants to give the company.

Click here to access the entire press release

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