NEWS ROUNDUP — Minerex transaction is cancelled

A deal to purchase all the issued shares of Minerex Resources was recently cancelled.

Cornucopia Resources (TSE) reached an agreement to purchase the shares from owner Canada Tungsten Mining (TSE) in late February for cash and share purchase warrants.

The principal asset of Minerex is its 50% interest in the Aurora Partnership, a heap-leach gold-silver mine in Nevada.

The companies did not give a reason for the cancellation of the deal.