Bandera Acquires Two Portable Drills for Belmira
15 Abril 2010 - 11:26PM
Marketwired Canada
Bandera Gold Ltd. ("Bandera") (TSX VENTURE:BGL) has entered into an agreement
dated April 14, 2010 with Geotech Drilling Alberta Ltd. to acquire two man
portable drills and related equipment for its Belmira project. Bandera will
acquire the drills and equipment for a purchase price of $358,344 to be
satisfied by a cash payment of $187,704 including GST of $17,064 and the
issuance of 832,390 common shares at a deemed price of $0.205 per common share.
The acquisition is subject to the approval of the TSX Venture Exchange.
On behalf of the Board
Kelvin Williams, CEO
Information provided herein contains forward-looking statements. The reader is
cautioned that assumptions used in the preparation of such information, which
are considered reasonable by Bandera at the time of preparation, may prove to be
incorrect. Actual results achieved will vary from the information provided and
the variations may be material. There is no representation by Bandera that
actual results achieved will be the same in whole or in part as those indicated
in the forward-looking statements.
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