On October 1, 2010, the Issuer entered into an agreement for the exchange of shares, whereby the Issuer acquired 239,0000,000 shares of restricted common stock, a 54% controlling interest, in Andes Gold Corporation, a Florida corporation, and Andes Gold Corporation acquired 10,000,000 shares of restricted common stock, a 20.57% interest, in the Issuer.
As a result, Andes Gold Corporation became a majority-owned subsidiary of the Issuer
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