History25 Apr 2018 16:24
I am looking for details of the gold property sold for $175m. Name and details of the sale.
Found this.
http://www.ciccapital.com/pdf/2008/Q2/MD&A_31July07_Q2.pdf
Found this from their 20005/2006 report on SEDAR..........
Ping Ding Property
The Company has obtained the option to acquire, from a private company controlled
by a director, a 90% interest in the Jiuyuan-Ping Ding Gold Project (the �Ping Ding
Property�) located in Li County, Gansu Province, People�s Republic of China. The
Ping Ding Property consists of three non-contiguous but closely spaced exploration
leases and two small mining leases located near the city of Zhouqu in Zhouqu County,
Gansu Province, PRC. Consideration is the issue of 18,000,000 common shares. The
exercise of the option is subject to regulatory approval and possible shareholder
approval. The common shares, if issued, will be subject to a four month hold period
and may be subject to a three-year escrow agreement. The option expires August 1 2006