Spur Venture and Australia's Atlantic Gold Execute Merger Agreements

Vancouver-based Spur Ventures Inc. announced the signing of a definitive merger implementation deed in respect of its previously announced transaction with Australia-based Atlantic Gold NL. Spur will acquire, subject to approvals, all of the fully paid and partly paid ordinary shares on issue in Atlantic by way of a scheme of arrangement. It has also has agreed to provide a C$1 million loan facility to DDV Gold guaranteed by Atlantic. Atlantic is focused on the exploration and development of gold projects in Nova Scotia. Spur is focused on the acquisition of gold and other base metals.

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