Business News • MarketWire • Urban Select and Granja Gold Sign Definitive Agreement With Vena Resources for Granja Gold Transaction |
Urban Select and Granja Gold Sign Definitive Agreement With Vena Resources for Granja Gold Transaction |
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Urban Select and Granja Gold Sign Definitive Agreement With Vena Resources for Granja Gold Transaction
VANCOUVER, BRITISH COLUMBIA--(Marketwire - March 28, 2012) - Urban Select Capital Corporation ("Urban Select") (TSX VENTURE:CH) and Granja Gold Inc. ("Granja") are pleased to announce that they have entered into a definitive agreement with Vena Resources Inc. ("Vena") (TSX:VEM) to acquire 100% of Vena's interest in Granja de Oro SAC ("Granja Peru"), a Peruvian company controlled by Vena (the "Acquisition") in consideration for the issuance of 10,000,000 common shares of Granja. Granja Peru owns three early stage exploration projects in northern Peru (the "Properties"). Granja intends to apply for a listing on the TSX Venture Exchange (the "Listing") which is anticipated to be completed concurrently with completion of the Acquisition.
View More : http://www.marketwire.com/mw/release.do?id=1636977&sourceType=3
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