What a friken mess !
Press release from Marketwire
San Gold and Kerr Mines Terminate Arrangement Agreement
Wednesday, December 17, 2014
San Gold and Kerr Mines Terminate Arrangement Agreement
12:04 EST Wednesday, December 17, 2014
WINNIPEG, MANITOBA and TORONTO, ONTARIO--(Marketwired - Dec. 17, 2014) -
NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES NOR FOR DISSEMINATION IN THE UNITED STATES
San Gold Corporation (TSX:SGR)(OTCQX:SGRCF) ("San Gold") and Kerr Mines Inc. (TSX:KER) ("Kerr Mines") announce that they have agreed to mutually terminate the previously announced arrangement agreement (the "Arrangement Agreement") which contemplated the combination of the business and assets of Kerr Mines with those of San Gold.
Any Kerr Mines' share certificates deposited under the Arrangement with TMX Equity Transfer Services will be returned to shareholders.