Aurizon Recommends “No” to $780-million Takeover Offer
Gold – Aurizon has recommended that shareholders reject a $4.6-per-share hostile bid as "inadequate and opportunistic."
Gold – Aurizon has recommended that shareholders reject a $4.6-per-share hostile bid as "inadequate and opportunistic."
Gold – Goldgroup Mining (TSX:GGA) announced changes in management: Chester F. Millar has been appointed Chairman of the Company, replacing Gregg J. Sedun as Executive Chairman; Dr. Hans Von Michaelis appointed CEO and President; Michael Clark replaced John J. Sutherland as the Company's Chief Financial Officer.
Gold – Goldgroup Mining (TSX:GGA) appointed Dustin VanDoorselaere as the Company's Vice President for Operations.
Gold – Goldgroup Mining Inc. (TSX:GGA) has appointed Executive Chairman, Gregg J. Sedun, to also fill the role of President and Interim Chief Executive Officer.
Gold – Goldgroup Mining Inc. (TSX:GGA) has deferred the evaluation of the Environmental Impact Assessment (MIA) for its Caballo Blanco mining project in the State of Veracruz by the Mexican Ministry of Environment (SEMARNAT) due to the transition in Mexico's Federal Government.
Gold – The first set of comments in from the Secretaría de Medio Ambiente y Recurso Naturales ("SEMARNAT") in regards to the Goldgroup Mining Inc. (TSX:GGA) EIS application were received by the Company on March 13, 2012, requesting more information on risk mitigation, along with environmental protection and rehabilitation, of several aspects of the proposed mining operations.
Goldgroup Mining Inc. (TSX:GGA ; OTC:GGAZF) is a Canadian gold production and exploration company with assets in Mexico. Its flagship projects are the Caballo Blanco Project in Veracruz and the San José Project in Sinaloa.
Gold – Goldgroup Mining (TSE:GGA) announced that it has entered into an agreement with Almaden Minerals (TSE:AMM) and its subsidiary to purchase Almaden’s 30% interest in the Caballo Blanco project, Veracruz, Mexico.
Gold – Reuters reported that Goldgroup Mining (TSE:GGA) expects to begin gold production at the Caballo Blanco project in 2012.
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