At a recent meeting of Anglo Canadian Mining’s (VSE) shareholders, approval was granted for the acquisition of a 51% interest in the MWF gold property in Matheson Twp., near Timmins, Ont. A $250,000 exploration program is planned on the claims, which were optioned from a local prospector. Shareholder approval was also given to increase the number of company directors to five from four. Ernest Yaris of Timmins was elected as the fifth director. Discussions have commenced with various financial institutions and investors to secure funding for exploration on the MWF property.
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