Business News • MarketWire • Green Swan Announces Further Information Regarding Private Placements in Connection With Qualifying Transaction

Green Swan Announces Further Information Regarding Private Placements in Connection With Qualifying Transaction

Green Swan Announces Further Information Regarding Private Placements in Connection With Qualifying Transaction

OTTAWA, ONTARIO--(Marketwire - Dec. 9, 2011) - Green Swan Capital Corp. (TSX VENTURE:GSW.H) ("Green Swan"), a Capital Pool Company, announced on August 15, 2011 it had entered into an Option Agreement with Melkior Resources Inc. (TSX VENTURE:MKR) ("Melkior"), which Option Agreement contemplated Green Swan acquiring an option to purchase certain mining assets from Melkior, with the intention that such transaction would constitute Green Swan's qualifying transaction ("QT"). As part of its August 15, 2011 press release, Green Swan also announced its intention to effect private placement financings coincident with the closing of the QT.

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