20.08.2008 - AIM filled with M&A opportunities for gold companies
From Mineweb.com: Merger and acquisition opportunities abound for junior gold companies listed on AIM as junior mining companies are finding it very difficult to raise cash required to advance projects on the London Stock Exchange's Alternative Investment Market (AIM). Mid-tier gold producer and explorer Pan African Resources' chief executive officer Jan Nelson said today a number of junior companies have run out of cash to develop projects and the company was both looking and talking to execute mergers and acquisitions. .... Full Article: Source
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