BAYHORSE SILVER ANNOUNCES ASSET DISPOSITION B
Post# of 579
Posted On: 01/23/2014 8:03:51 PM
BAYHORSE SILVER ANNOUNCES ASSET DISPOSITION
Bayhorse Silver Inc. (the "Company") reports that, subject to the approval of the TSX Venture Exchange (TSX-V) it has disposed of its shareholding in Archean Star Resources inc (Archean) in a private, off market, arm's length transaction. The Bayhorse board believes the sale, which is non-dilutive, is in the best interests of the Company. Gross proceeds received for the sale of the 9,981,413 common shares it held of Archean was $748,606.
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