Perpetual acquires minority interests

Minority ownerships in six juniors have been acquired by Perpetual Growth Fund — VII, which recently took over the assets of the NIM 1989 partnership fund. Perpetual says it holds more than 10% of the common shares of Beaufield Resources, Goldhunter Explorations, Granduc Mines, Hawkeye Developments, Newfields Minerals and Young-Shannon Gold Mines. The company says it does not intend to increase ownership in any of these juniors.