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Monday, 1 November 2010

Stock: Horseshoe Gold Mining

CVE:HSX

Horseshoe Gold Mining is an exploration company looking at properties in North America.

Projects
13.26% interest in DHK Diamonds Inc.,
interests in the WO Claim Block (diamond project)
Pellatt Lake Claim Block in Lac de Gras, Northwest Territories, Canada.

Horseshoe Gold Mining recently announced that it has agreed to combine its business with Cosigo Resources Inc (Cosigo) by way of amalgamation or merger. The resulting company (MergeCo) will hold all of the assets and liabilities of each of the companies, with the then former shareholders of Cosigo holding 60% and the then former shareholders of Horseshoe holding 40% of MergeCo on a fully diluted basis.

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