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| Home : Arena Minerals Inc. Closes Agreement With Rouge Resources Ltd. on Sale of Pampas El Penon Project, Chile |
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Aug 05
2016 |
Arena Minerals Inc. Closes Agreement With Rouge Resources Ltd. on Sale of Pampas El Penon Project, Chile |
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TORONTO, ONTARIO--(Marketwired - Aug. 4, 2016) - Arena Minerals Inc., (TSX VENTURE:AN) (the "Company") is pleased to announce that it has closed its previously announced transaction with Rouge Resources Ltd. (TSX VENTURE:ROU) ("Rouge") for the disposition of the Pampas el Peñon gold project in Chile (see press release dated June 15, 2016). Arena's interest consisted of two option agreements (the "Option Agreements") with Sociedad Química Y Minera de Chile S.A. ("SQM"). In exchange for transferring its interest in the Option Agreements to Rouge, Arena has received consideration of 9,550,000 common shares of Rouge. |
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| Source:http://www.marketwired.com/mw/release.do?id=2148225&sourceType=3 |
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