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TORONTO, ONTARIO--(Marketwire - Jan. 8, 2013) - Pele Mountain Resources Inc. (TSX VENTURE:GEM)(OTCQX:GOLDF) ("Pele" or the "Company") is pleased to announce the execution of a definitive agreement whereby Pele will sell its Pigeon River project (the "Project") to Zara Resources Inc. (CNSX:ZRI) ("Zara") for a purchase price of $700,000 payable in Zara stock. |
