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Goldbard Capital Corporation - Corporate update - Expiration of letter of intent with Arch Energy Inc.
TORONTO, June 2 /CNW/ - Goldbard Capital Corporation ("Goldbard") (GDB.P:TSX-V), a capital pool c...
About this update from Goldbank Mining Corporation
[{"type":"text","content":"\n\n\n\nTORONTO, June 2 /CNW/ - Goldbard Capital Corporation ("Goldbard")\n(GDB.P:TSX-V), a capital pool company listed on the TSX Venture Exchange (the\n"Exchange"), announces a corporate update.\n\n\nGoldbard advises that the previously announced letter of intent (the\n"Agreement") dated April 7, 2008 entered into in respect of the proposed arm's\nlength merger (the "Qualifying Transaction") with Arch Energy Inc. ("Arch"), a\nCalgary-based, privately held oil and gas exploration company, has expired.\nGoldbard has not renewed the Agreement and is no longer pursuing the\nQualifying Translation with Arch. Subject to Exchange review, Goldbard\nanticipates that its shares will recommence trading on Thursday June 5th.\n\n\nThe Exchange has not approved or disapproved the contents of this news\nrelease. Further information concerning Goldbard can be found in the\nprospectus of Goldbard dated October 25, 2007 available on SEDAR at\nwww.sedar.com.\n\n\n","length":1051,"tagName":"div"}]