RE: RE:news takeover deal If I read this correctly, the final purchase price should be higher than the $18,500,000 (see below).
Wonder what those shares in Flemish Gold are worth, not much I guess in this weak precious metal market.
"In addition, the Arrangement Agreement provides that Vaaldiam shall be entitled to sell its 10,625,000 common shares of Flemish Gold Corp. ( www.flemishgold.com ), a private exploration company with properties in East Africa and that the net proceeds from such sale shall be added to the total consideration of $18,500,000. Pursuant to the terms of the Arrangement Agreement the $18,500,000 purchase price will be placed in escrow with BCKP's counsel pending completion of the Acquisition.