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Tuesday, April 23, 2013 7:46:48 PM
The PR said that the deal was to close on or before April 20th. It didn't say when it would be announced IF they finalized it. A big IF in stinky pinkie land.
IF the deal goes through GGCO could be $2 stock even after 500 million new shares are issued. On paper the deal looks like a good match between an organization with mining equipment and expertise with one that has rights to gold reserves. At the same time, the agreement appears complicated on paper so I'm not completely convinced a pinksheet could execute it. Time will tell...
We're still waiting for March's gold production report.
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New York, April 08, 2013
Subject: Letter of Intent signed with Ghana Gold Corporation
As it relatesto the granting of mining rights to WSA’s Gold
Concessions In the Central African Republic (CAR)
Dear Mrs Affleck:
Further to the recent exchanges and negotiations between our respective organizations, we are pleased to provide you with an executed copy of the Letter of Intent between GHANA GOLD CORPORATION and the WORLD SPORTS ALLIANCE INTERGOVERNMENTAL ORGANIZATION (WSA).
We look forward to the swift implementation of this very promising venture which shall mark the starting point for the deployment of WSA’s SocioEconomic Initiative in the Central African Republic within a framework that also greatly benefits the private enterprise participants.
Also, in accordance with the letter of Intent, we have attached for your review and approval, the text of a Press Release, WSA would like to put out in the coming days. Kindly, get back to us at your earliest convenience.
World Sports Alliance
The President H.E. Alain Lemieux - PresidentLemieux@wsaigo.org
Presidential Suite in New York – Trump World Tower
845 United Nations Plaza - Suite 43B, New York - NY 10017 - United States
Tel: 1 212 202 1629 - Fax: 1 914 462 3544
www.wsaigo.org
http://www.otcmarkets.com/financialReportViewer?symbol=GGCO&id=102994
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