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Re: skunksyard post# 3352

Thursday, 11/15/2012 12:59:53 PM

Thursday, November 15, 2012 12:59:53 PM

Post# of 4104
Daulton's PR vs Ascot PR:

"Daulton Capital Corp's obligation under the agreement with Ascot Mining PLC is to pay $10 million by the issue of 100 million shares of Daulton to Ascot Mining Plc and to loan $2.5 million of cash to Veritas Gold on completion. The loan into Veritas Gold will be used for the retirement of debt of $2 million and a working capital loan of $500,000 to expand gold production at the Chassoul gold mine in Costa Rica. Fifty per cent of Veritas Gold CR S.A will be transferred to Daulton at completion. "

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=81267768

20mil vs. 100mil?


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"The firm bought 20 million shares in Daulton Capital, now Arx Gold Corp, from Musketeer Holdings for 20 million Ascot shares."

"As a result of the transaction, Musketeer Holdings Corp now holds 20 million shares in the company, representing 20.1% of Ascot's capital."

http://www.proactiveinvestors.co.uk/companies/news/49996/ascot-mining-announces-equity-swap-to-forge-business-links-49996.html

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