APAC Minerals to Merge with Golden China Inc.

Vancouver-based APAC Minerals Inc. has entered into a definitive and binding amalgamation agreement with Golden China Inc., a direct investment vehicle targeting opportunities in China's newly opened precious metals sector. Golden China Inc. was established by Kingsway Capital of Canada, a subsidiary of Hong Kong-based Kingsway International Holdings Ltd. Under the terms of the agreement, the business and operations of APAC and Golden China will be merged under the name of Golden China Resources Corporation. The new company will focus on the development of its existing resource exploration properties, the acquisition of additional properties in China, and investments in other precious metal resource exploration companies based in China.

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