Brief: Gowest Provides Update On Bradshaw Development

Gowest Gold

16/04/2018 12:50

April 16 (Reuters) - Gowest Gold Ltd  GWA.V :
    * GOWEST PROVIDES UPDATE ON BRADSHAW DEVELOPMENT
    * GOWEST GOLD  - CO, NORTHERN SUN MUTUALLY DETERMINED TO
TERMINATE
PREVIOUSLY ANNOUNCED SHARE PURCHASE AGREEMENT RELATED TO
REDSTONE MILL
    * GOWEST GOLD LTD -  TIMING FOR SATISFACTION OF CONDITIONS
RELATED
TO REDSTONE MILL ACQUISITION REMAINS UNCERTAIN AT THIS TIME
    * GOWEST GOLD LTD -  TERMINATION OF SHARE PURCHASE AGREEMENT
RELATED TO REDSTONE MILL ALLOWS CO, NORTHERN SUN TO RE-EVALUATE
THEIR STRATEGIC PLANS
    * GOWEST GOLD LTD -  DETERMINED TO SUSPEND CURRENT MINING
OPERATIONS AT BRADSHAW MINE
    * GOWEST GOLD -  CO, KEY PARTNERS TO CONTINUE TO WORK
COOPERATIVELY TO ENSURE MINING OPERATIONS MAY BE RESUMED AS SOON
AS POSSIBLE AT BRADSHAW MINE
    * GOWEST GOLD -  AT THIS TIME, CANNOT SATISFY FEW REMAINING
CONDITIONS PRECEDENT FOR SECOND TRANCHE OF PRE-PAID FORWARD GOLD
PURCHASE AGREEMENT WITH PGB

Source text for Eikon:  ID:nGNX58D1DF 
Further company coverage:  GWA.V 

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