Toronto-based Dundee Bancorp (TSE) has sold its 12.1% interest in Baja Gold (TSE) and its 16.9% interest in Yorbeau Resources (ME) to 1021105 Ontario, a new natural resource company (T.N.M., Mar. 22/93).
Dundee received shares in the numbered company, which is owned by Dundee and Placer Dome (TSE).
The numbered company announced concurrently it will sell 2.2 million shares of Yorbeau in a private transaction, leaving it with 2.3 million shares (an 8.8% interest) of Yorbeau.
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