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Stock impact report

Ongold Announces Closing of Acquisition of Monument Bay and Domain Projects in Manitoba [Yahoo! Finance]

Agnico Eagle Mines Limited (AEM) 
Last agnico eagle mines limited earnings: 4/30 05:07 pm Check Earnings Report
Company Research Source: Yahoo! Finance
Ltd. (TSXV: ONAU) (OTCQB: ONGRF) (" ONGold " or the " Company ") is pleased to announce that it has closed the previously announced transactions to purchase 100% interests in both the Monument Bay Gold Project (" Monument Bay ") and the Domain Project (" Domain ", and together the " Projects "), both located in Manitoba, Canada, from a wholly-owned subsidiary of Agnico Eagle Mines Limited (" Agnico Eagle "), in the case of Monument Bay, and Agnico Eagle and Capella Minerals Ltd. (" Capella "), in the case of Domain (the " Transaction "). As partial consideration for the acquisition, Agnico Eagle was issued 8.7 million common shares of the Company, representing approximately 15% of ONGold's total issued and outstanding common shares (see details below). Monument Bay is located in northeastern Manitoba, near the Ontario-Manitoba border, and represents a district-scale exploration opportunity with significant gold and tungsten mineralization over a 40 km strike length. Monument Bay is Show less Read more
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