TSX-V: ( )
VANCOUVER, May 8, 2012 /CNW/ – Emerick Resources Corp. (TSXV: ERC) (“Emerick” or the “Company”) is pleased to announce that it has entered into a non-binding letter agreement dated April 26, 2012 to acquire all of the outstanding shares of Medgold Resource Ltd. (“Medgold”) (the “Transaction”), a private company incorporated in England and Wales focused on the exploration and development of precious and base metals in Western Europe. The Proposed Transaction To acquire Medgold, the Company will issue 32,287,500 shares in its capital stock to Medgold’s shareholders in proportion to[…]
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