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News Release April 20, 2010 Queenston Mining Announces Completion Of Amalgamation With Vault Minerals (Property map included) |
Queenston announced a friendly merger with Vault Minerals
In a move to further consolidate a larger land holding in the Kirkland Lake camp and increase discovery potential, Queenston Mining Inc. announced a friendly merger with Vault Minerals Inc. in March 2010. The merger was approved by Vault shareholders at a Special Meeting held on April 19, 2010 and Vault shares ceased trading as of that date. Under the terms of the amalgamation Vault shareholders received 1 Queenston share for every 10 Vault shares. Vault was a junior explorer which traded on the TSX Venture exchange. Vault’s properties are well located and significantly increase Queenston’s exploration footprint in the camp. As a result of the business combination, Queenston’s holdings increase to 29 individual properties covering approximately 190 square km. For further information regarding the acquired Vault properties and current projects please click on the following link www.vaultminerals.com. |
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