Barisan Gold Completes Sale of Collins Prospect
June 27 2014 - 7:00AM
Marketwired
Barisan Gold Completes Sale of Collins Prospect
VANCOUVER, BRITISH COLUMBIA--(Marketwired - Jun 27, 2014) -
Barisan Gold Corporation (TSX-VENTURE:BG) is pleased to announce
that it has completed the sale of the Collins prospect as initially
announced on March 4, 2013.
Barisan Gold has received a cheque for 7,289,517,168 Indonesian
rupiah (equivalent to approximately $650,000 Canadian dollars) from
the purchaser. An initial 1,000,000,000 Indonesian rupiah deposit
had been held in escrow since March 2013. That amount has now also
been released from escrow. The cheque is expected to be deposited
in the Company's bank account over the next few days following the
completion of the final clerical steps.
The proceeds from the sale will be applied to advance
exploration and drilling at the Company's Upper Tengkereng
gold-copper porphyry discovery.
Neither TSX
Venture Exchange nor its Regulation Services Provider (as that term
is defined in the policies of the TSX Venture Exchange) accepts
responsibility for the adequacy or accuracy of this
release.
To receive or stop receiving BG news via email, please email
info@barisangold.com and state your preference in the subject
line.
About Barisan Gold Corporation
Barisan Gold (TSX-VENTURE:BG) is a Canadian-based minerals
exploration company listed on the TSX Venture Exchange under the
symbol "BG". The Company is engaged in the exploration, acquisition
and development of mineral properties in Indonesia. Barisan Gold
currently owns and operates two gold and gold-copper properties in
Indonesia's Aceh Province on the northern tip of Sumatra Island,
namely the Barisan gold-copper porphyry belt and the Abong
epithermal gold project. Barisan Gold currently has 40,721,186
shares outstanding.
Barisan Gold CorporationSteven FeldmanManager Investor
Relations+1 604 684 8676info@barisangold.comwww.barisangold.com
Barisan Gold Corporation (TSXV:BG)
Historical Stock Chart
From May 2024 to Jun 2024
Barisan Gold Corporation (TSXV:BG)
Historical Stock Chart
From Jun 2023 to Jun 2024
Real-Time news about (TSX Venture Exchange): 0 recent articles
More Barisan Gold Corporation News Articles