Metals & Mining M&A » By The Online Investor Staff, updated Mon., Jul. 13, 2:02 PM
Recent mergers and acquisitions in the Metals & Mining M&A category.
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Slide #23. Reliance Resources — American Iron Corp.
Acquirer:
Reliance Resources (RI.CA)
Acquiree:
American Iron Corp.
Details:
Reliance Resources Limited (TSXV: RI) ("Reliance") or ("the Company") is pleased to announce that it has entered into an agreement to acquire Minnesota-based company American Iron Corp. ("American Iron"), an iron ore focused exploration and development company seeking to acquire projects having potential for low pre-development capital expenditure and significant exploration potential in the United States (the "Mineral Properties").
Golden Peaks Resources is a junior mineral exploration company engaged in the acquisition and exploration of precious metals, primarily gold, on mineral properties located in Argentina.
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