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Wednesday, August 03, 2011 9:26:07 PM
Reasons for subscription of shares in Goldrich
The opportunity to invest in Goldrich is an exciting and strategic one for the Company as it
enables the Company to acquire a meaningful stake and thereby support an early stage gold
explorer in an established jurisdiction at what the Company considers to be a low entry point.
Gold remains a target commodity for the Company and an increased exposure is sensible in
light of the continuing economic uncertainty associated with the European and American
sovereign debt levels, together with ongoing inflationary concerns throughout China.
Representatives of the Company have cultivated a close working relationship with Goldrich
management and due diligence has included detailed technical and commercial reviews and a
site visit. The Company is optimistic that, following Goldrich’s successful exploration program
and the proposed listing on a National Canadian Exchange (Toronto Stock Exchange or the
TSX Venture Exchange), it will achieve an attractive return on this investment.
The Directors consider the above-referenced subscriptions to be on normal commercial terms
and in the ordinary and usual course of business of the Company. They believe that the terms
of the subscriptions referred to above are fair and reasonable and in the interests of the
Company and the Shareholders as a whole
http://www.regentpac.com/ICMServlet/download/13-1471-2486/EAnnt-GoldrichSubscriptions(01Aug2011).pdf
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