BC’s Compass Gold Signs Letter of Intent with Australian Mining Company

Vancouver-headquartered Compass Gold Corp. and Australia’s Mali Gold Exploration Pty Ltd. (MGE) have entered into an agreement setting out the terms and conditions for Compass to acquire all of the issued and outstanding shares of MGE in exchange for the issuance shares in Compass to MGE’s shareholders. MGE is a private Australian company with gold exploration permits in Mali.

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