The recent purchase of 248,500 shares of Swannell Minerals (VSE) by Major General Resources (VSE) gives Major General a 12.07% interest in Swannell’s issued and outstanding shares.
Major General President Victor Tanaka said the company’s total acquisition of 648,500 Swannell shares is for investment purposes.
The two companies are involved in exploring a package of properties northwest of Prince George, B.C., where the main exploration focus is on porphyry copper-gold deposits.
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