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Article: Artha Signs Formal Option Agreement With Davcha.
- Article from:
- Marketwire Canada
- Article date:
- September 28, 2009
CopyrightCOPYRIGHT 2009 Canadian Corporate News. News Provided by Comtex. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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VANCOUVER, BRITISH COLUMBIA, Sep 28, 2009 (Marketwire via COMTEX) -- Artha Resources Corporation (TSX VENTURE:AHC) is pleased to announce that further to its news release of August 17, 2009, it has entered into a formal option agreement with Davcha Resources International Ltd. Pursuant to this agreement, Artha will acquire all of Davcha's interest in five exploration properties in the province of Jujuy, Argentina. Charles Straw, currently a director of Davcha, will be appointed as a director and Chief Executive Officer of Artha.
The agreement is subject to the acceptance of the TSX Venture Exchange and approval by Davcha's shareholders.