Toronto-based junior Goldpatch Resources (CDN) has agreed to purchase all of the issued shares of a numbered Ontario company in exchange for $125,000 in cash and one million common shares of Goldpatch.
Originally in the mineral exploration business, Goldpatch has been dormant for several years. Under the new acquisition, Goldpatch will be reactivated to market a British line of tobaccoless cigarettes and sundry products that are held under licence by the numbered Ontario company.
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