American Bonanza Receives $2 Million Cash Payment on Taurus Option - FOXBusiness
VANCOUVER, BRITISH COLUMBIA, Jun 24, 2008 (MARKET WIRE via COMTEX) —-American Bonanza Gold Corp. The assigned agreement requires Hawthorne to pay $6 million and common shares over two years, consisting of $1 million (paid) by December 22, 2007, $2 million (paid) by June 22, 2008, issue 250,000 common shares by December 22, 2008, $1. All statements in this release, other than statements of historical facts, including the likelihood of commercial mining and possible future financings are forward-looking statements. Although Bonanza believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results or developments may differ materially from those in the forward-looking statements. Factors that could cause actual results to differ materially from those in forward-looking statements include unsuccessful exploration results, changes in the price of gold, changes in the availability of funding for mineral exploration and/or development, unanticipated changes in key management personnel and general economic conditions. Find Out More
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