Shareholders of Rome Resources (VSE) have agreed to acquire joint-venture and exploration rights in Armenia by issuing 12 million shares to businessman Gregorio Becerro.
The transaction has yet to be approved by the Vancouver Stock Exchange. The junior is in the final stages of negotiating a specific joint venture (included in the assignment of rights) for development of an 11-million-tonne tailings deposit grading 1.5 grams gold per tonne. Rome will be focusing on this project while it evaluates other opportunities in Armenia.
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