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Article: Peru : Grenville Increases Ownership of Silveria Project to 99.99%.

Article from:
TendersInfo
Article date:
January 7, 2009
Copyright

Byline: Mamta03

Grenville Gold Corporation announces that it has converted debt to shares of its Peruvian subsidiary to increase its ownership stake of the Silveria Property located 80 km east of Lima. The transaction was approved by shareholders and has been registered with the Superintendencia Nacional de los registros Publicos (SUNARP).

"The Silveria Projects attraction is that it has no Net Smelter Royalty payments", stated A. Paul Gill, President & CEO, "Also, the continued consolidation of ownership of the surrounding property bodes well for the attractiveness of the Silveria Project in the future."

Grenville has advanced $ 2,731,944 US ...

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