Cronus Resources Ltd. Announces Reverse Take-Over

October 9, 2009 Filed Under: Mining Investment, Mining Stocks  
Cronus Resources Ltd. Announces Reverse Take-Over

Cronus Resources Ltd. announce that it has entered into an amended and restated letter of intent dated October 9, 2009 with Continental Gold Limited (“Continental”), an arm’s length Bermuda based gold exploration company with a portfolio of properties in Colombia, pursuant to which Cronus (or a subsidiary thereof) will amalgamate with Continental to further develop the properties...