Gleichen Resources Ltd
			Symbol			GRL
			Shares Issued			29,763,380
			Close 2009-11-16			C$ 1.28
			Recent Sedar Documents

This item is part of Stockwatch's value added news feed and is only available to Stockwatch subscribers.

Here is a sample of this item:

Gleichen Resources, Teck Resources property agreement

2009-11-16 18:04 ET - Property Agreement

The TSX Venture Exchange has accepted for filing an agreement dated Aug. 6, 2009, and as amended Oct. 7, 2009, between Gleichen Resources Ltd. and Teck Resources Ltd., pursuant to which the company will acquire 78.8 per cent of the Morelos project from Teck via the acquisition of Oroteck Mexico S.A. de C.V. from Teck's subsidiaries, Teck Metals Ltd. and Teck Exploration Ltd., for a purchase price of $150-million (U.S.) cash and a 4.9-per-cent equity stake in Gleichen postfinancing. Oroteck owns 78.8 per cent of the Series A shares in the capital of Minera Media Luna S.A. de C.V., holder of the concessions comprising the Morelos project.

The remainder is available to Stockwatch subscribers.
If you would like to give the Stockwatch system a try, click here for a free 30 day trial subscription.