3 Nov 2010 16:39
RNS Number : 5786V
Hochschild Mining PLC
03 November 2010
Hochschild Mining plc ("the Company")
Further to the announcement of 14 October 2010, the Company confirms the completion of the sale of 109,000,000 common shares in Lake Shore Gold Corp ("LSG").
As a result of the sale, the Strategic Alliance Agreement between the Company and LSG has been terminated and the Hochschild-appointed directors including Roberto Dañino and Ignacio Bustamante have resigned from the Board of LSG with immediate effect.
The Company continues to hold 21,540,992 common shares in LSG, representing approximately 6% of issued and outstanding common shares.
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Hochschild (HOC)