EXPLORATION 1998 -- Tex-Sol and Pentland nix merger -- Pentland discovers new gold zone

A proposed merger between United Tex-Sol Mines (UTX-A) and Pentland Firth Ventures (PFO-T) has run off the rails.Pentland had offered to issue one of its shares for every two shares of United Tex-Sol, pending due diligence and regulatory and shareholder...