MALBEX RESOURCES INC. ("MBG")
BULLETIN TYPE: Property-Asset or Share Purchase Agreement
BULLETIN DATE: April 30, 2013
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation relating to a non arm's length agreement (the "Agreement") dated January 23, 2013 between Unigold Inc. (a TSXV listed Company "Unigold") and Malbex Resources Inc. (the "Company"). Pursuant to the Agreement, Unigold has agreed to consent to the acquisition by the Company of all of the outstanding shares of Americana de Explotaciones Mineras S.R.L. ("Americana"), a Dominican private company, and to cancel an existing option it has with Americana.
As consideration, based upon certain milestones, the Company may issue up to an aggregate of 18,000,000 shares to Unigold. This transaction has been approved by the shareholders of the Company.
For more information, refer to the Company's news release dated January 25, 2013.
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