Not sure if this was posted earlier
"Tagish Lake negotiates merger with Yukon-Shaanxi
2008-11-27 11:13 EST - News Release
Shares issued 129,817,124
TLG Close 2008-11-24 C$ 0.01
Mr. Robert Bryce reports
TAGISH NEGOTIATES A MERGER WITH YUKON SHAANXI MINING COMPANY INC.
Tagish Lake Gold Corp. is negotiating an offer to merge with Yukon-Shaanxi Mining Co. Inc., a private company, whereby YSM will assume all of the assets and liabilities of both YSM and TLG. The transaction will result in the formation, under the laws of British Columbia, of one corporate entity, proposed to be named Yukon-Shaanxi Mining Co. Inc., which will have its shares listed on the TSX Venture Exchange. The transaction will involve an exchange of shares of both companies into the newly named entity. The details of such an exchange will be announced as soon as the appropriate ratios have been achieved.
TLG and YSM have 30 days to complete their due diligence.
The transaction will require TSX-V approval, as well as shareholder approval at a special meeting, followed by court approval under the Business Corporation Act of British Columbia.
Given the current market conditions, the company believes that the merger will provide the best opportunity to promote exploration and development of the Skukum property for the shareholders, while assuring that creditors will be treated fairly."
The YSM Joint Venture is, I believe, 50% owned by YNG.