Business
99 CAPITAL CORPORATION UPDATE ON ACQUISITION
99 CAPITAL CORPORATION UPDATE ON ACQUISITION
About this update from Giyani Metals Corp
[{"type":"text","content":"\n\n\n\n Nov. 2, 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\nTrading Symbol:  WDG - (TSX.V)\n\n\nVANCOUVER, Nov. 2 /CNW/ - 99 Capital Corporation (the "Company") is\n pleased to announce that the due diligence work is progressing well for\n the Giyani Gold Project - an acquisition which was previously announced\n by the Company in a news release dated October 6, 2010.\n\n\nThe acquisition process is proceeding according to plan with the\n relevant regulatory document filing process to begin within the next\n few weeks. As a result, the deadline for the closing of the acquisition\n has been extended until November 29, 2010.\n\n\nAlexander Helmel, President and Chief Executive Officer of the Company\n stated "We remain extremely excited about the project and the prospect\n of completing the acquisition of the Giyani land package. During a\n recent trip to the Giyani Greenstone Belt, management was able to\n further explore this area and was very impressed with the quality of\n assets and condition of the existing machinery on site."\n\n\nAbout the Giyani Gold Project: This strategic land package covers a key geologically prospective gold\n region of the world. Located in the northeast part of South Africa, the\n Giyani Greenstone Belt represents a historically under-explored region\n of the country and key industry development initiative for the Chamber\n of Mines of South Africa and the Geological Society of South Africa.\n The properties are all loc...