M AND A - Golden Share and Silvore Fox to merge

Golden Share Mining Corporation has signed an amalgamation agreement which will see it would merge its business with Silvore Fox Minerals Corp, a Canadian junior explorer listed on the TSX Venture Exchange. The proposed merger seeks to leverage the input of Sinotech Minerals Exploration Co, a leading Chinese mineral exploration and development company.

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M AND A - Pitchblack to acquire NT tenements

Canadian company Pitchblack Resources has signed an agreement with Crocodile Gold Corp for the option to acquire a 90% interest in mineral tenements in the Northern Territory of Australia, including the Iron Blow and Mount Bonnie prospects. The tenements were chosen for the potential to host base metal deposits with several possibilities of hosting significant gold mineralization.

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M AND A - Potential sale of Stonewall Mining

ASX-listed Stonewall Resources has entered into a conditional agreement with Shandong Qixing Iron Tower Co regarding the potential sale of its subsidiary, Stonewall Mining. The agreement is the result of comprehensive and detailed discussions between Stonewall and Shandong to allow Shandong to undertake due diligence as a precursor to the potential sale.

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MALAYSIA - Besra amends Bau payment schedule

Besra will extend its payment schedule for the increased ownership of North Borneo Gold Sdn Bhd over the next three years to reduce the demand on its cashflow while gold prices remain soft.

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