On March 30, 2011, we entered into a Letter of Intent with VCS Mining Inc. wherein we expressed our intent to acquire a 100% interest in mining claims owned by VCS Mining and its subsidiaries. On April 18, 2011 we issued a news release announcing that after completing due diligence, it was mutually agreed between VCS Mining, Inc., and our company not to proceed with the acquisition of VCS Mining, Inc.’s mineral properties located in Haiti and accordingly the Letter of Intent has been terminated.
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