Aha I missed this yesterday:
Press Release Source: Sargold Resource Corporation
Sargold Shareholders Approve Buffalo Arrangement
Thursday October 25, 6:39 pm ET
VANCOUVER, BRITISH COLUMBIA--(Marketwire - Oct. 25, 2007) - Sargold Resource Corporation (TSX VENTURE:SRG - News; FRANKFURT:DU4 - News; "Sargold") is pleased to announce that its shareholders voted today at a Special Meeting in Vancouver, confirming 99.8% in favour of the acquisition by Buffalo Gold Ltd. of Sargold as announced on July 13th 2007. The transaction remains subject to final approval of the Supreme Court of British Columbia at a hearing to be held next week.
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About Sargold
Sargold controls the largest precious metals exploration land area in Sardinia, Italy. The company now holds a 90% interest in the assets, which range from the mine and full processing plant at Furtei, to a host of exploration prospects at Monte Ollasteddu and the advanced exploration properties at Osilo. The island of Sardinia has a long history of mining including the production of tin, alumina, industrial minerals, coal, base and precious metals. Sardinia is approximately 150 kilometres west of Rome and has excellent transportation, communication, business and political infrastructure.
To find out more about Buffalo Gold Ltd. and Sargold Resource Corporation please visit the company websites at www.buffalogold.ca and www.sargold.com.
On behalf of the Board of Directors of SARGOLD RESOURCE CORPORATION
Richard W. Warke, Chairman of the Board of Directors, President and Chief Executive Officer
FORWARD LOOKING STATEMENTS - The statements that are not historical facts are forward-looking statements involving known and unknown risks and uncertainties that could cause actual results to vary materially from targeted results. Such risks and uncertainties include those described from time to time in Buffalo's latest annual report and management discussion and analysis and Sargold's latest annual report and management discussion and analysis. Buffalo and Sargold assume no obligation to publicly update any forward-looking statements, whether as a result of new information, future events or otherwise.
The TSX Venture Exchange has not reviewed and does not accept responsibility for the accuracy of this press release.
Contact:
Marlo Hamer-Jackson
Sargold Resource Corporation
Investor Relations
(604) 638-2002 or Toll Free: 1-877-660-6239
Email: marlo@sargold.com
Website: www.sargold.com
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Source: Sargold Resource Corporation
