or a fait accompli ?
"Longueuil, May 15, 2007 – Palmarejo Silver and Gold Corporation (TSX-V: PJO) (“Palmarejo”), Coeur d'Alene Mines Corporation (NYSE: CDE, TSX: CDM) (“Coeur”) and Bolnisi Gold NL (ASX: BSG) (“Bolnisi”) today jointly announced that, in connection with their previously announced agreements to merge, they have formed a Joint Management Committee (the “Committee”) to oversee the management of the Palmarejo Project through the close of the transaction. The Palmarejo Project, located in the state of Chihuahua, Mexico and 100% owned by Palmarejo, is one of the highest-quality primary silver projects in the world today.
The Committee, which is authorized to ensure the continued progress at the Palmarejo Project until the completion of the transaction, is comprised of three senior management and operating personnel from each of Coeur, Bolnisi and Palmarejo (including the chairman of the special committee of the Palmarejo Board of directors). Coeur’s Richard Weston, Senior Vice president – Operations, will serve as Chairman of the Committee. "
Best
TW
BSG
bolnisi gold nl
