Content area

Abstract

Searchgold Resources is a Canadian-based mining exploration company whose primary mission is to target, explore and develop gold deposits in Africa. The expansion strategy executed in 2006 has set the stage for the Company's development in 2007 through increased activity on the advanced projects, a new acquisition and the segmentation of its activities to unlock value for its shareholders. Searchgold's diamond assets were re-organized along with Mano River Resources Inc., to create an integrated diamond company called Stellar Diamonds Limited of which Searchgold holds 2.7 million shares. Searchgold's Canadian gold assets are being reorganized through the creation of Golden Share Mining Corporation who will focus on exploration principally for gold in Canada. Searchgold intends to distribute a dividend to its shareholders as part of the Golden Share transaction.

Details

Title
SearchGold Resources: Golden Share Mining Corporation Completes an Initial Public Offering and Raises $2,666,025
First page
1
Publication year
2007
Publication date
Dec 28, 2007
Publisher
Intrado Digital Media Canada Inc.
Source type
Trade Journal
Language of publication
English
ProQuest document ID
447910352
Copyright
Copyright CCNMatthews Dec 28, 2007