BIG shareholders to meet in January

BIG chief executive Alan Birchmore said, “In view of the impending sale of a 65% interest in the company to LAC Minerals, the directors feel it is in the best interests of the shareholders to delay the meeting.”

The closing date for LAC’s purchase agreement with Dallhold is Nov 21. The Toronto-based gold mining company is offering $10 per share for Dallhold’s 57.8% interest and Bell Resources’ 6.9% interest in BIG. The deal is subject to regulatory approvals and other customary conditions.

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