Mountain Lake Resources Inc V.MOA

Etruscan Diamonds Sold

[JR5]

Endeavour Financial Corp. has agreed to acquire all of the shares of Etruscan Resources Inc. that it does not already own.

 Endeavour currently owns 55% of Etruscan and they had entered into a definitive agreement for Endeavour to acquire the remaining 45 percent.

Under the Arrangement, Etruscan shareholders will receive total consideration of C
.48 per Etruscan share comprised of C
.26 in cash plus 0.0932 of an Endeavour share, representing a premium of 33%.
More cash on the way? Not sure how much MOA still owns . Gert so they still have a few million shares of Etruscan?

Cheers,

JR.