Golden Phoenix Minerals, Inc. (GPXM) Signs Letter of Intent to Acquire Undervalued Panamanian Gold Mine
Golden Phoenix Minerals is a mining company focused on driving shareholder value through the identification and development/joint venturing of precious and other strategically valuable metals in the Americas, with substantial interests ranging from the Company’s base in Nevada, to Canada and Peru. The Company announced a new growth move along these lines today with the signing of a partially binding letter of intent with Silver Global, S.A., to acquire 60% interest in (with an additional 20% available for purchase via achievement of milestones) the Santa Rosa gold mine in Panama. Both companies have mutually agreed to a binding exclusivity/standstill period…