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Central Asia plans to up stake in Kazakhstan mine
18-April-08
Written by Edited announcement

West Perth-based gold and base metals exploration company Central Asia Resources Ltd will increase its shareholding in Golden Eagle Resources from 60% to 100%, subject to shareholder approval.


The announcement is pasted below:


Central Asia Resources Ltd will acquire, subject to shareholder approval, 100% of Golden Eagle Investment Resources Ltd which holds the Company's interest in its gold prospects in Kazakhstan.

The acquisition by Central Asia of the 40% of Golden Eagle currently held by Mr Reiser will simplify the corporate structure, management and future financing.

Article continues...


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