Toronto-based Conwest Exploration (TSE) has acquired about 3 million shares of Jascan Resources (TSE), raising to 30% its interest in the Toronto-based junior.
The units, representing 16.1% of Jascan’s outstanding shares, were acquired in private transactions.
In other news, Jascan intends to buy 1.2 million of its own shares through a normal course issuer bid.
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