MosJan Posted January 22, 2002 Report Share Posted January 22, 2002 «FIRST DYNASTY MINES» TO ACQUIRE ARARAT GOLD-MINING COMPANY22.01.2002 /PanARMENIAN.Net/ «First Dynasty Mines» intends to get Arart gold-mining company shares belonging to the state. This bargain will cost $2250000 for the investor. It is planned to sign the corresponding contract by the end of this week. After that, in fact «First Dynasty Mines» will become the only owner of Ararat gold-mining company. One of the terms of the contract is the obligation of the investor to develop Sod field, the development of which needs $10-14mln. «First Dynasty Mines» has already invested about $30 mln in the field development. Reproduction in full or in part is prohibited without reference to "PanARMENIAN.Net" Quote Link to comment Share on other sites More sharing options...
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