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Following the acquisition of Patricia
Mining Corp. by Richmont Mines Inc., Patricia was
delisted from the TSX-V on December 16, 2008. |
Island Gold Mine Video Presentation
- 29 MB
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RICHMONT MINES INC. ACQUIRES PATRICIA MINING
CORP.
Richmont acquired 42,929,581 common shares of
Patricia Mining (representing approximately 98.2 per
cent of Patricia Mining's outstanding common shares) in
exchange for 15 cents cash and 0.055 of one common share
of Richmont for each one common share of Patricia Mining
pursuant to a plan of arrangement under the Business
Corporations Act (Ontario). Richmont now owns all
43,704,581 common shares of Patricia Mining. Following
this transaction, Richmont has a total of 26.1 million
shares issued and outstanding.
RICHMONT MINES INC.
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