GRL Completes Morelos Purchase $180M in the treasury and an easily expandable resource
17th November 2009 TORONTO (miningweekly.com) – TSX Venture Exchange-listed Gleichen Resources has completed its acquisition of 78,8% of the Morelos gold project, in Mexico, from diversified miner Teck Resources, the companies announced on Tuesday. In a transaction first announced in August, Gleichen paid $150-million in cash, about 1,6-million in shares and 12,4-million special warrants, which, […]
