NEWS: BHS Silver Announces Asset Disposition
Bayhorse Silver sells Archean Star interest
2014-01-23 18:50 ET - News Release
Mr. Graeme O'Neill reports
BAYHORSE SILVER ANNOUNCES ASSET DISPOSITION
Bayhorse Silver Inc., subject to the approval of the TSX Venture Exchange, has disposed of its shareholding in Archean Star Resources Inc. in a private, off-market, arm's-length transaction. The Bayhorse board believes the sale, which is non-dilutive, is in the best interests of the company. Gross proceeds received for the sale of the 9,981,413 common shares it held of Archean was $748,606.
We seek Safe Harbor.