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VEGA RESOURCES INC. TO ACQUIRE COLOMBIAN COAL ASSETS WITH ACQUISITION OF PACIFIC COAL, S.A.
VEGA RESOURCES INC. TO ACQUIRE COLOMBIAN COAL ASSETS WITH ACQUISITION OF PACIFIC COAL, S.A.
About this update from Canter Resources Corp
[{"type":"text","content":"\n\n\n\n Dec. 7, 2010 (Canada NewsWire Group) -- \n\n#ReleaseContent TABLE\n{\n BORDER-COLLAPSE: collapse\n}\nTR.cnwUnderlinedCell TD\n{\n BORDER-BOTTOM: #000000 1px solid\n}\nTR.cnwDoubleUnderlinedCell TD\n{\n BORDER-BOTTOM: #000000 3px double\n}\nTR.cnwBoldUnderlinedCell TD\n{\n BORDER-BOTTOM: #000000 3px solid\n}\nTD.cnwUnderlinedCell\n{\n BORDER-BOTTOM: #000000 1px solid\n}\nTD.cnwDoubleUnderlinedCell\n{\n BORDER-BOTTOM: #000000 3px double\n}\nTD.cnwBoldUnderlinedCell\n{\n BORDER-BOTTOM: #000000 3px solid\n}\n#ReleaseContent TABLE.cnwBorderedTable TD\n{\n BORDER-RIGHT: black 1px solid;\n PADDING-RIGHT: 2px;\n BORDER-TOP: black 1px solid;\n PADDING-LEFT: 2px;\n PADDING-BOTTOM: 2px;\n BORDER-LEFT: black 1px solid;\n PADDING-TOP: 2px;\n BORDER-BOTTOM: black 1px solid;\n BORDER-COLLAPSE: collapse\n}\n#ReleaseContent TABLE TD\n{\n PADDING-RIGHT: 2px;\n PADDING-LEFT: 2px;\n PADDING-BOTTOM: 2px;\n PADDING-TOP: 2px\n}\n\n\n/NOT FOR DISTRIBUTION TO UNITED STATES WIRE SERVICES OR DISSEMINATION IN\n THE UNITED STATES. THIS NEWS RELEASE DOES NOT CONSTITUTE AN OFFER TO\n SELL OR A SOLICITATION OF AN OFFER TO BUY ANY OF THE SECURITIES IN THE\n UNITED STATES. THE SECURITIES HAVE NOT BEEN AND WILL NOT BE REGISTERED\n UNDER THE UNITED STATES SECURITIES ACT OF 1933, AS AMENDED (THE "U.S.\n SECURITIES ACT") OR ANY STATE SECURITIES LAWS AND MAY NOT BE OFFERED OR\n SOLD WITHIN THE UNITED STATES OR TO U.S. PERSONS UNLESS REGISTERED\n UNDER THE U.S. SECURITIES ACT AND APPLICABLE STATE SECURITIES LAWS OR\n AN EXEMPTION FROM SUCH REGISTRATION IS AVAILABLE. THIS NEWS RELEASE\n DOES NOT CONSTITUTE AN OFFER OR SALE OF SECURITIES IN THE UNITED\n STATES./ \n\n\nTSX VENTURE EXCHANGE: VGR \n\n\nVANCOUVER, Dec. 7 /CNW/ - Vega Resources Inc. (VGR:TSX-V) ("Vega") is pleased to announce that it has entered into a letter agreement\n with Pacific Coal, S.A. ("Pacific Coal") effective December 7, 2010, relating to a reverse takeover\n transaction (the "Pacific Coal Transaction"), pursuant to which Vega proposes to acquire all of the issued and\n outstanding securities of Pacific Coal in exchange for the issuance of\n common shares of Vega (the "Vega Shares") by way of a three-cornered amalgamation.\n\n\nTrading in the shares of Vega has been halted in accordance with the\n policies of the TSX Venture Exchange...