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Kenai

3 Posts
haas
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quote:

smith&jones schreef op 25 februari 2012 16:18:

www.reuters.com/finance/stocks/KAI.V/...

MC 6 $0,11

S&J.
ja,vreemd gaan...........?

PS
December 19, 2011
Kenai Resources to Acquire 100% of Sao Chico Gold Project
VANCOUVER, BRITISH COLUMBIA--(Marketwire - Dec. 19, 2011) - Kenai Resources Ltd. ("Kenai") (TSX VENTURE:KAI). Mr. Daniel Kunz, Chairman of Kenai, announced today that Kenai has entered into a letter agreement (the "Agreement") with ASX-listed Gold Anomaly Ltd ("GOA") to acquire GOA's wholly-owned subsidiary, Gold Aura do Brasil Mineracao Ltda ("GOAB"), which holds 100% of the Sao Chico gold project mineral rights. The consideration payable by Kenai includes: a) forgiveness of an existing loan of AUD$3,500,000 due to Kenai from GOA which is part of cash advances made by Kenai for the Sao Chico gold project; b) issuance of 10 million common shares of Kenai following regulatory and related approvals, with such shares subject to a 12 month non-trading hold period; and, c) the issuance of an additional 6 million Kenai common shares when one of several development milestones are achieved for the Sao Chico project such as completion of a bankable feasibility study. Under the terms of the Agreement, Kenai has no other obligations to GOA for royalty, net profit interest or similar payments in the future.
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