OTCPK:IDIG - Post by User
Comment by
wadejaon Jul 23, 2010 1:53pm
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Post# 17292507
Speed
SpeedFrom the press release..
NUINSCO AND OCEAN PARTNERS ACQUIRE DEBT OF CAMPBELL RESOURCES
Nuinsco Resources Ltd. and Ocean Partners Holdings Ltd., through a Canadian subsidiary,
have acquired the $24-million debt of Campbell Resources Ltd. that Nuinsco and Ocean
Partners did not previously own. Nuinsco and Ocean Partners will make $4.05-million in
staged payments over three years. As a result, the two companies now hold $40-million
of debt and have effectively gained control over one of Canada's major mining camps.