RE: from our IR dept.I think this worked better, gotta love the way we use our office resources eh!!!! looking at the chart of this company there is a bunch of D.D. going on there too.
Anyone know the connection between Maxim and Andover?
From: Colin Maxim <colinc@
maximresources.com>
To:
Subject: Andover Increases Chief Ownership
ANDOVER TO FURTHER INCREASE OWNERSHIP IN CHIEF CONSOLIDATED MINING COMPANY
August 10, 2010, Vancouver, B.C. - Andover Ventures Inc. ("Andover" or the "Company") (AOX TSX:V) (R2X - Frankfurt Exchange) is pleased to announce it has agreed to acquire an additional 14,250,000 common shares of Chief Consolidated Mining Company ("Chief") for the sum of $3,562,500 USD. The additional shares of Chief to be acquired by Andover represents approximately 27.1% of the issued and outstanding shares of Chief. Upon the closing of this acquisition Andover's ownership of Chief will be approximately 78.91%.
The transaction is subject to all applicable regulatory approvals.
For further information we invite you to visit us at
www.andoverventures.com
ON BEHALF OF THE BOARD
Signed "Gordon Blankstein"
CEO and Chairman