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Home : Panex Announces Withdrawal from Acquisition and Cancellation of Intended Capital Raise
Apr 10
2013

Panex Announces Withdrawal from Acquisition and Cancellation of Intended Capital Raise

ZUG, SWITZERLAND--(Marketwired - April 10, 2013) - Panex Resources Inc. (the "Company," or "Panex") (OTCQB:DBGF) (FRANKFURT:D1Q), wishes to announce its withdrawal from the acquisition agreement with Amani Consulting Sprl to acquire an interest in the Giro Goldfields Project in northeast DRC as announced on 14th January 2013. This is largely due to difficult market conditions and unresolved issues with the vendors.
Source:http://www.marketwire.com/mw/release.do?id=1777443&sourceType=3
 
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