Brief: Galane Gold announces the lapsing of LOI for proposed acquisition of Vantage Goldfields

Golconda Gold

09/08/2017 21:30

Aug 9 (Reuters) - Galane Gold Ltd  GG.V  
    * Galane Gold Ltd announces the lapsing of the letter of 
intent for the proposed acquisition of Vantage Goldfields 
Limited 
    * Galane Gold - Galane, Vantage have been unable to conclude 
on execution of a binding acquisition agreement and therefore 
LOI has been terminated 
    * Says Galane has provided five extensions to original LOI, 
and will not extend further 
 
Source text for Eikon:  ID:nMKWdlRspa  
Further company coverage:  GG.V  
 
 (((Bangalore.newsroom@thomsonreuters.com);))