NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES ./
- Conference Call Friday, June 8, 2012 at 11am EST ( 8am PST ) -
TORONTO , June 7, 2012 /CNW/ - U.S. Silver Corporation (USA.TO) (USSIF) ("U.S. Silver") and RX Gold & Silver Inc. (RXE.V) (RXEXF) ("RX Gold") are pleased to announce the signing of a definitive agreement to combine the two companies (the "Transaction") by way of a plan of arrangement. The resulting company, to be called U.S. Silver & Gold Inc. ("U.S. Silver & Gold"), will be a well-funded, growth-oriented precious metals producer with U.S. Silver's producing Galena mine in Idaho, RX Gold's producing Drumlummon mine in Montana and U.S. Silver's Coeur re-development projects in Idaho.Continues here
Subscribe via email, get all daily posts sent to you next day (and without all the annoying ads)
An interesting development this evening. Here's the link to the NR, here's how it kicks off:
Subscribers: We'll be taking a good look at this Sunday, esp considering how we just ran the ruler over USA.to on its own.