Eagle Plains Resources Ltd- Blende Silver-Lead-Zinc Project & Shoshone Silver Mining Co | Update Date: 09/27/08 |
| Date Announced: 02/05/04 |
Value (million $USD): 0.1 million U.S. Dollar 0.1 million Canadian Dollar |
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| Status: Pending | |
| TRANSACTION DETAILS |
| Date Announced | 02/05/04 | | |
| Date Originally Announced | 02/05/04 | | |
| Format | Acq. of Assets | Acquisition techniques | Divestiture |
| Attitude | Friendly | Agency | n/a |
| Value | 0.1 million U.S. Dollar 0.1 million Canadian Dollar | Advisor Fees | n/a |
| SYNOPSIS |
| CANADA - Shoshone Silver Mining Co (SS) signed letter of intent to acquire a 60% interest in Blende Silver-Lead-Zinc project, located in Yukon Territory, a silver, lead and zinc mining property, for 0.96 mil Canadian dollars ($0.072 mil US). The transaction was to consists of C$0.025 ($0.01) mil in cash and 0.1 mil SS common shares, valued at C$0.71 mil ($0.053 mil). The shares were valued based on SS' closing stock price of C$0.71 ($0.53) on February 4, the last full trading day prior to the announcement. |
| TARGET |
| Name | Eagle Plains Resources Ltd- Blende Silver-Lead-Zinc Project |
| Industries | Lead and zinc ores |
| City | Yukon Territory |
| State | n/a |
| Nation | Canada |
| Incorporated in | n/a |
| Public Status | Subsidiary |
| Business Description | Silver, lead and zinc mining property |
| Advisors | NULL |
| Target Sales | n/a |
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| ACQUIROR |
| Name | Shoshone Silver Mining Co (Pink Sheet : SHSH) |
| Industries | Silver ores; Metal mining services |
| City | Wallace |
| State | ID |
| Nation | United States |
| Incorporated in | n/a |
| Public Status | Public |
| Business Description | Shoshone Silver Mining Co, located in Wallace, Idaho, is a gold and silver mining, exploration, development and production company. The company's projects include the Bilbao, Montana Gold, Lakeview District, PGM Projects, Silver Valley, Uranium, and Western Gold projects. The company was founded in 1969. |
| Advisors | NULL |
| Acquiror Sales | 0.1 million U.S. Dollar |
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