First Gold/Conway Deal Fell ThroughCOMPANY NEWS ALERT
Discussions End between Conway Resources and First Gold (ccnm)
QUEBEC CITY, QUEBEC--(Marketwire - March 26, 2010) - Conway Resources Inc. ("Conway" or the "Company") (TSX VENTURE:CWY) reports that discussions with First Gold Exploration Inc. regarding the loan agreement and acquisition of the Croinor property announced on March 9, 2010, have ended. Conway and First Gold were unable to agree on the terms proposed by First Gold.
The Company is nevertheless continuing to hold discussions with other potential partners to finance the acquisition of Belleterre Mining Resources Inc., on which it has an option until March 31, 2010.
FOR FURTHER INFORMATION PLEASE CONTACT:
Conway Resources Inc.
Laurent Beaudoin
President and Chief Executive Officer
418-871-3334
conway@ressources-conway.com