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Additional information
Additional Information
Market: ASX
Sector: General Mining
Epic: .SWN
News: Latest news
Web Site: Silver Swan Group
Other Articles: 29-01-201018-01-201016-12-2009

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Monday March 15, 10:21Diamondcorp: a big cash injection and a lot of work to do

70% of the new money was raised from current shareholders, reflecting a hefty amount of faith in the management to deliver.

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Monday March 15, 11:38Calvin Klein owner buys Tommy Hilfiger for US$3 billion from Apax Partners

The New York listed shirt and neckwear company is paying €1.924 billion in cash and issuing €276 million in PVH common stock (approximately 8.7 million shares) to fund the transaction.

 

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Monday March 15, 08:01China's growth boosting commodity prices

The latest economic figures from China have put pressure on the dollar and boosted a number of high-yielding currencies, including the Australian dollar and the South African rand.

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Silver Swan Group

Silver Swan Group

Silver Swan Group Limited (ASX: SWN) is a polymetallic explorer with tenements in the Murchison District of the Yilgarn Craton, Western Australia and the Wilgena and Christie Domains of the Gawler Craton, South Australia. The Comany’s current focus is on lode-gold, copper-gold and volcanogenic massive sulphide (Cu-Zn-Pb) mineralisation in Archaean and Proterozoic terranes.

Exploration tenements held by Silver Swan in the Murchison district of Western Australia cover ~680km2 In South Australia, the tenement holding is 1,823km2 and 1,210km2 in the Wilgena and Christie Domains respectively.

 

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Thursday, August 20, 2009

Silver Swan Group to release 2 million shares held in escrow by Mercator Gold Plc

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Silver Swan Group (ASX: SWN) has advised that it has agreed to release 2,000,000 shares held by Mercator Gold Plc from voluntary escrow. In accordance with Listing Rule 3.10A these shares will be released from escrow in 10 business days.

Mercator Gold Plc was issued 10,000,000 ordinary shares and 4,000,000 performance shares in April 2008 upon the acquisition of the Meekatharra tenements by Silver Swan Group Limited to be escrowed for 2 years.

The issue of the performance shares is subject to the identification of an independently calculated Indicated Mineral Resource of 350,000 ounces of gold or other metal equivalent by the company from the tenements acquired from Mercator Gold Plc.

The remaining 8,000,000 ordinary shares and 4,000,000 performance shares will remain in voluntary escrow.

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