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| Home : Mexivada Announces New Private Placement and Expiration of Agreements with Canaccord and Buena Vista Gold |
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Aug 29
2012 |
Mexivada Announces New Private Placement and Expiration of Agreements with Canaccord and Buena Vista Gold |
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VANCOUVER, BRITISH COLUMBIA--(Marketwire - Aug. 29, 2012) - Mexivada Mining Corp (TSX VENTURE:MNV)(OTCBB:MXVDF)(FRANKFURT:M2Q) ("Mexivada" or the "Company") announces that the previously announced brokered private placement and acquisition of Buena Vista Gold Inc. have been terminated by mutual agreement among the parties. Mexivada now will focus on its flagship Goldstorm gold-silver property in Nevada and on drilling at its Roger Property near Matheson, Ontario, which is being funded with flow-through funds in Mexivada's treasury. Drilling at Roger is scheduled to commence on September 4, 2012 using flow-through funds in Mexivada's treasury. |
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| Source:http://www.marketwire.com/mw/release.do?id=1695518&sourceType=3 |
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