MDL mineral deposits limited
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redback bids for moto goldmines ltd

  1. ditchdigger1
    466 Posts.
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    03/06/09
    02:16
    Post #: 5235278
    Red Back Mining Inc. agreed to acquire Moto Goldmines Ltd. in a C$513 million ($469 million)all-stock transaction to gain control of the Moto gold projectin the Democratic Republic of Congo.

    **Redback currently holds 56m MDL shares, ~10%
    MDL Price at posting: $2.90 Sentiment: None Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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