Home : May 2012 : May 29, 2012 News : Pacific Road Resources Fund II Announces Execution of Transaction Agreement With CuOro Resources Corp.

Pacific Road Resources Fund II Announces Execution of Transaction Agreement With CuOro Resources Corp.

May 29, 2012

VANCOUVER, BRITISH COLUMBIA--(Marketwire - May 28, 2012) - Pacific Road Resources Fund II and Pacific Road Resources Fund II L.P. (together with Pacific Road Resources Fund II, "Pacific Road") are pleased to announce the entering into of a definitive transaction agreement (the "Agreement"), in connection with certain investments proposed to be made in CuOro Resources Corp. (TSX VENTURE:CUA)(FRANKFURT:6BC) ("CuOro" or the "Corporation") by Pacific Road (the "Transaction"). The proceeds of the Transaction, if any, will be used to further the exploration and development of the Corporation's properties. The TSX Venture Exchange (the "TSXV") has conditionally approved the terms of the Transaction as set out in the Agreement.

http://www.marketwire.com/mw/release.do?id=1662181&sourceType=3
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