James Bay Resources Limited Announces Investment in Cerrado Gold Inc.
Toronto, Ontario--(Newsfile Corp. - November 8, 2018) - James Bay Resources Limited (CSE: JBR) ("James Bay" or the "Company") announced that its Board of Directors has approved an investment (the "Investment") of US$1.5 million to acquire 3,333,334 common shares from the treasury of Cerrado Gold Inc. ("Cerrado Gold"), a privately owned Ontario company. James Bay will hold approximately 14% of the issued and outstanding common shares of Cerrado Gold after the Investment, which was completed on...
2018-11-08 5:14 PM EST