Nuinsco Resources Limited (TSX:NWI) and Gold Hawk Resources Inc. (TSX VENTURE:GHK) today announced the joint signing of a binding letter agreement to combine the two companies.
The press release is quoted as saying:
Nuinsco is a growth-oriented, multi-commodity mineral exploration and development company that is focused on uranium, copper, zinc and gold exploration and development in world-class mineralized belts in Canada and Turkey and is investigating opportunities in Egypt. In addition to its property holdings, Nuinsco owns approximately 9% of the outstanding common shares of Gold Hawk Resources Inc. and approximately 2% of the outstanding common shares of Victory Nickel Inc. (TSX:NWI).
