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Xiana Mining Inc V.XIA.H

Metals & Mining Gold
Xiana Mining Inc. is a Canada-based mining company. The Company is focused on its producing operations and development properties in Region IV, Chile. also engaged in the ongoing evaluation of producing and development stage mineral resource opportunities on an ongoing basis. The Company produces copper-gold concentrates from the Minera Altos De Punitaqui (MAP) in Chile. MAP is comprised of approximately four producing copper-gold mines, and approximately 3,600 tons per day (tpd) concentrator and associated infrastructure.


TSXV:XIA.H - Post by User

Xiana Mining Inc
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Comment by mangkangon Jan 08, 2010 4:08pm
246 Views
Post# 16657135

RE: RE: Bought Deal Announced

RE: RE: Bought Deal AnnouncedI was looking into the same thing the other day and it appears to have been resolved in 2008:

From 2008 annual report of EcoMetals (GoldMarca):

https://viewer.zoho.com/docs/dSa2e

During fiscal 2008 a dispute arose with the vendor regarding the status of the acquisition agreement
and, in accordance with the terms of the agreement, the Company initiated arbitration. The dispute
was subsequently resolved through an agreement, dated March 28, 2008, whereby the Company
received $534,508 (US $520,000) in April 2008 in settlement of all rights and claims to the Afrodita
Property. Accordingly, during fiscal 2008 the Company recorded a gain of $9,393.
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