Stelmine Canada closes acquisition agreement

email Email  Print Print  
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

Questions about this article? Leave a comment below or contact our editorial team at editor@resourceinvestingnews.com.

Leave a Comment

What is Rare Earth Investing News' Comment Policy?
Rare Earth Investing News pre-moderates comments on our blog posts and post-moderates comments on news stories. We never censor comments based on political or ideological point of view. We only delete those comments that include the following transgressions:

  • Are abusive, off-topic, use excessive foul language
  • Include ad hominem attacks including comments that celebrate the death or illness of any person, public figure or otherwise
  • Contain racist, sexist, homophobic and other slurs
  • Are solicitations and/or advertising for personal blogs and websites
  • Thread spamming (you've posted this same comment elsewhere on the site)
  • Are posted with the explicit intention of provoking other commenters or the staff at Rare Earth Investing News
  • Contains content that may infringe the copyright or intellectual property rights of others or other applicable laws or regulations.
Asides