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Anglo Swiss Shareholders Approve Kenville Gold Property Sale
  VANCOUVER , Aug. 9, 2013 /CNW/ - Anglo Swiss Resources Inc. (ASW: TSX-V, ASWR...
About this update from Gungnir Resources Inc
[{"type":"text","content":"\n\n\nASW: TSX.V\n\n\n \n\n\n \n\n\nVANCOUVER, Aug. 9, 2013 /CNW/ - Anglo Swiss Resources Inc. (ASW: TSX-V,\n ASWRF: PK) (\"Anglo Swiss\" or the \"Company\") is pleased to announce that shareholders have overwhelmingly approved\n the sale of the Kenville Gold Property to Eagle Creek Gold Corp. (\"Eagle Creek\"), a private Alberta-based company, at a Special Meeting held on August\n 7, 2013. The total purchase price is $8-million ($100,000 deposit\n received) which shall be satisfied by the delivery to Anglo Swiss of\n $1.9-million on closing with the balance payable in stages to August\n 15, 2017 (see News Release dated July 4, 2013). The Company also wishes\n to announce that it has subsequently agreed to extend the closing of\n the transaction to September 30, 2013 from August 15, 2013.\n\n\nJari Paakki, Chief Executive Officer of Anglo Swiss, commented: \"With\n 99.1% of 42,652,758 shares voted in favour of selling Kenville,\n shareholders clearly support management's view that this transaction is\n an exceptional opportunity that will greatly improve the Company's\n future ability to grow and increase shareholder value. We are actively\n evaluating new opportunities and working to advance the Company's Blu\n Starr flake graphite project in southeastern BC. The property is\n strategically located adjacent to Eagle Graphite Corporation's flake\n graphite mine, western North America's only operating flake graphite\n mine. Blu Starr hosts numerous large to jumbo flake graphite\n occurrences and is drill-ready with government permits in place.\"\n\n\nON BEHALF OF THE BOARD OF DIRECTORS, \n\n\nJari Paakki, P.Geo.\nCEO\n\n\nAbout Anglo Swiss:\nAnglo Swiss Resources Inc. is a Canadian based exploration company with\n current assets including its Kenville Gold Mine and Blu Starr Flake\n Graphite properties in southeastern BC, and its Lansdowne House, Ring\n of Fire Nickel-Copper-PGE property in northwestern Ontario. Further\n information about the Company may be found at http://www.anglo-swiss.com or at http://www.sedar.com.\n\n\nCautionary Note Regarding Forward-Looking Statements: Certain statements made herein may contain forward-looking statements\n or information within the meaning of Canadian securities laws. Such\n forward-looking statements or information include, but are not limited\n to, statements or information ...