Greyhawk Resources and another Vancouver-listed junior exploration company, Willcrest Resources, have both rejected an offer from The Quinto Mining Corp. to buy back their 25% interests in the Lumby gold property near Vernon, B.C. Quinto, which holds the remaining 50%, intends to enter into an option agreement with Golden Seville Resources on the property. Seville would be able to earn a 40% interest by building a mill on the property. Gold reserves on the property are being evaluated by mph Consulting of Toronto.
Onyx Petroleum Exploration and Lasmo Exploration (Canada) have amalgamated under the new name Lasmo Canada Inc. (lmo:tse). Shareholders of Onyx receive 1 new share for each old share held. Shares of the new company will also be listed on the Montreal Exchange.
Parkside Petroleum has changed its name to Bethlehem Resources Corp. (bth:tse,vse) on a share- for-share basis.
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