FP says Carlisle Goldfields taking what it can getFP says Carlisle Goldfields taking what it can get 2014-11-18 08:46 ET - In the News Also In the News (C-AUQ) AuRico Gold Inc The Financial Post reports in its Tuesday, Nov. 18, edition that Carlisle Goldfields has two potential change of control possibilities. The Post's Barry Critchley writes a week ago, Carlisle signed a deal with AuRico Gold to issue 70.6 million shares -- enough for a 19.9-per-cent interest -- at eight cents a share. AuRico has also agreed to pay $5-million to acquire a 25-per-cent interest in Carlisle's Lynn Lake gold mine. The deal could see AuRico spend $30.65-million to acquire 60 per cent of the mine and 19.9 per cent of the company. More recently, Nord Gold said it wanted to make an offer to Carlisle if Carlisle's board "consents to receive an offer." Nord Gold said it was prepared to offer 96 cents a share. If accepted then Nord Gold would spend $27.3-million for 100 per cent of the shares. Carlisle and Nord Gold, however, signed a mutual confidentiality agreement a couple months back with the proviso that Nord Gold could not make an offer for two years. Mr. Critchley says Carlisle's board can only deal with what is brought to it and do the best for the company in the circumstances. Carlisle's deal with AuRico ensures that there is enough new cash to advance development. © 2014 Canjex Publishing Ltd. All rights reserved.