Clavo Rico, LTD. announces the purchase of mine in Honduras

Share Article

Clavo Rico mine located in El corpus, Honduras, purchased by Clavo Rico, Ltd for assumption of debt and the issuance of capital stock.

March 22, 2012- Clavo Rico Ltd. Announced today that it has acquired all of the outstanding capital stock of Compania Minera Cerros del Sur, S.A., a Honduras company, that owns the Clavo Rico mining concession located in El Corpus, Honduras. The consideration for the acquisition of the Cerros capital stock was assumption of all of the debt of Mayan Gold, Inc., the former owner of Cerros, related to the expansion currently underway at the Clavo Rico mine.

Share article on social media or email:

View article via:

Pdf Print

Contact Author

Reed Benson
Visit website