Gilla Acquiring Terra Merchant Resources Corporation

October 4, 2008 Filed Under: Mining Stocks, Precious Metal  

GILLA INC., has entered into a definitive agreement effective October 3, 2008 to acquire all the shares of Terra Merchant Resources Corporation, a private company incorporated in Ontario, Canada. Terra has secured rights to a gold exploration property in Angola, known under the name of Salutar Commercio Mining Concession, located some 120 km north of Cabinda City, Angola. The concession covers approximately... 

Pegasus Oil & Gas Inc. (formerly NDT Energy Ltd.) announces completion of reorganization

June 24, 2006 Filed Under: Mining Services, Oil and Gas  

Pegasus Oil & Gas Inc. (formerly NDT Energy Ltd.) (“Pegasus” or the “Company”) announced today that the previously announced Reorganization of the Company by way of a Plan of Arrangement (the “Arrangement”) became effective on June 23, 2006. Pursuant to the Reorganization, former holders of common shares of NDT Energy Inc. (“NDT”) received, for each...