2010-01-14-2009-10-20-2009-11-06
To buy assets in SE Saskatchewan.
Glamis Resources Ltd., Calgary, (Toronto Venture: GLM) plans to acquire assets in southeastern Saskatchewan from an undisclosed private seller for approximately C$56 million in cash and stock. Glamis will pay C$47.6 million in cash and 5 million Glamis shares for a total value of C$8.5 million. The effective date is Nov. 1. Macquarie Capital Markets Canada Ltd. and GMP Securities LP are financial advisors to Glamis and National Bank Financial Inc. is strategic advisor. National Bank Financial Inc. is financial advisor to the private company in the sale of the partnership interests.