Ms. Lisa Maestas reports
ALACER GOLD ANNOUNCES APPROVAL OF AUSTRALIAN BUSINESS UNIT SALE
The Australian Foreign Investment Review
Board has approved the sale of Alacer Gold Corp.'s Australian business unit (which
includes the Higginsville and South Kalgoorlie operations) to a
subsidiary of Metals X Ltd., an Australian public company with
shares listed on the Australian Securities Exchange.
Pursuant to the terms of the share sale agreement, the transaction is
expected to close within five business days.
We seek Safe Harbor.
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