San Gold Corporation
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GOLD: Klondex acquires Rice Lake mine and mill complex
MANITOBA – Klondex Mines of Vancouver has entered into a definitive agreement to acquire the Rice Lake gold mine and mill complex in Bissett for US$32 million. Klondex will pay US$20 million in cash and issue a US$12 million promissory…
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San Gold to merge with Kerr Mines
Winnipeg-based junior miner San Gold (TSX: SGR) is merging with Toronto-based explorer and developer Kerr Mines (TSX: KER), where the former intends to transfer its turnaround plan at the Rice Lake complex to Kerr’s recently acquired…