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Provider: Reuters Investment Profile
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Provider: GlobalData
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Provider: GlobalData
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Frontline Gold Corp Purchases Remaining 10% of Turkish Subsidiary


Friday, 7 Dec 2012 08:37am EST 

Frontline Gold Corp announced that it has purchased the outstanding 10% ownership of its Turkish subsidiary, FrontlineGold Madencilik San. Ve Tic. Ltd. Sti, from Aegean Gold Madencilik Ltd. Sti. Aegean Gold, through its partners, had assisted the Company with the sourcing and acquisition of its permits in Turkey. Frontline now owns 100% of the Turkish assets, including the Menderes project. Frontline will issue 1,500,000 shares of the Company to Aegean Gold, at a deemed value of CAD0.03 per share. 

Company Quote

0.01
0.0050 +100.00%
28 Aug 2014