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VANCOUVER, BRITISH COLUMBIA--(Marketwire - Aug. 9, 2012) - Bolero Resources Corp. (the "Company" or "Bolero"), (TSX VENTURE:BRU), (FRANKFURT:U7N1) (PINKSHEETS:BRUZF) is pleased to announce that it has entered into a non-binding term sheet ("Term Sheet") with Uragold Bay Resources Inc. ("Ur agold" or "UBR") to negotiate a definitive agreemen t (the "Agreement") for the purchase of UBR's "Asbury" min ing claims. Uragold's shares trade on the TSX Venture Exchange under the symbol "UBR". |