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Additional Information
Market: TSX-V
Sector: Gold Mining
EPIC: KGH
Latest Price: 0.06  (0,00%)
52-week High: 0.18
52-week Low: 0.05
Market Cap: 1.69M
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Key Gold Holding
www.keygoldholding.com

Key Gold Holding is a mineral exploration company that is mainly focused on the acquisition, exploration and development of gold and copper properties.  The company recently acquired the Lac Musset Copper property. The property consists of 82 mining claims covering 3,998 hectares and is located 90 km north of Schefferville, Quebec. The Property hosts four copper showings centered on the Franelle Copper Project. Franelle is hosted by a northerly striking near vertical dipping gabbroic intrusive that is approximately 200 m wide and strikes about 5,000 m., the length of the claims.

Full Key Gold Holding profile here
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Key Gold agrees reverse takeover by Pangolin Diamonds

21st Feb 2012, 12:43 pm by Proactiveinvestors
Key Gold agrees reverse takeover by Pangolin Diamonds

Key Gold Holding (CVE:KGH) Tuesday agreed to a reverse takeover by privately-held junior exploration company Pangolin Diamonds Corp.

The two companies aim to have a definitive merger agreement in place by April 15, and trading in Key Gold shares have been halted until a deal has been reached.

Key Gold shares last traded at 6 cents prior to the suspension.

A reverse takeover allows a private company to be technically acquired by a publicly traded firm, gaining it a listing on a stock exchange.

Under the proposed terms of the deal, 40.6 percent of the merged company would be held by current Pangolin shareholders, 28.9 percent by current Key Gold shareholders and 30.4 percent by subscribers to a proposed financing offer.

Pangolin holds a 100 percent interest in 11 diamond prospecting licences in Botswana.

Key Gold is a mineral exploration company that is mainly focused on the acquisition, exploration and development of gold and copper properties.

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