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Article: Parlane Enters Into Agreements to Acquire Mexican Properties; Acquisition will constitute Parlane's Qualifying Transaction.
- Article from:
- Marketwire Canada
- Article date:
- November 5, 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, Nov 5, 2009 (Marketwire via COMTEX) -- Parlane Resource Corp. ("Parlane" or the "Company") (TSX VENTURE:PPP.P) announces that on October 26, 2009 it entered into agreements (the "Agreements") with Minera Zeppy S.A. de C.V. ("Zeppy") and Jose Agustin Garcia Garcia ("Garcia") whereby Parlane can acquire a 90% interest in various mining concessions owned by Zeppy and Garcia in Mexico (the "Proposed Acquisition") more commonly known as the Chacala Properties. Parlane is a capital pool company listed on the TSX Venture Exchange (the "Exchange") under the trading symbol "PPP.P". Zeppy is a private company incorporated in Culiacan, Mexico, and is ...