RE: hawthorn boardAmerican Bonanza Gold sold its chunk of the Taurus Deposit to Cusac/Hawthorne for cash and stock. From their most recent MD&A:
"In December 2008, the agreement was further amended to delete the 2009 payments and all subsequent royalty
payments in favour of issuance of 6,750,000 Hawthorne common shares to the Corporation. The Corporation
received the Hawthorne shares in full on December 30, 2008, which were valued at $2,362,500 based on the quoted
market price and the Corporation recognised a loss on property disposal of $977,782. During 2009, the Corporation
sold 1,300,000 of these securities and realised a gain of $68,712. During the six months ended June 30, 2010, the
Corporation sold an additional 3,616,947 Hawthorne shares at an average price of .216 per share for gross proceeds of $779,712 and incurred commission of $12,363. There were 1,912,000 Hawthorne shares remaining as of June 30, 2010 and the Corporation disposed of all these shares subsequent to June 30, 2010."