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Market: TSX-V
Sector: General Mining
Epic: RKY
News: Latest news
Web Site: Rocky Mountain Resources
Other Articles: 10-11-200923-10-200912-10-2009

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Thursday September 02, 11:00Baobab Resources identifies distinct ore domain at Tete’s South Zone

Baobab MD Ben James said the latest drilling results from the Tete project's South Zone characterise a distinct, higher mass recovery, ore domain.

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Thursday September 02, 08:15Indonesia edges closer toward uranium mining and nuclear power

After nearly five decades of national debate on the issue, Indonesia's central government may finally be ready to develop a national nuclear policy, which may lead to domestic uranium mining.

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Wednesday September 01, 01:25Green Dragon Gas reports significant growth as China’s thirst for energy continues

China's thirst for energy resources has continued with an increased focus on domestic supplies of gas, Green Dragon Gas chairman Randeep Grewal said today. In the company's interim results, [...]

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Rocky Mountain Resources

Rocky Mountain Resources

Rocky Mountain Resources Corp. is a tier-one metals exploration and development company focused on developing environmentally favorable projects within politically stable regions with the potential to host large deposits of industrial metals or minerals.

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Tuesday, November 10, 2009

Western Lithium and Rocky Mountain Resources scrap merger deal

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Western Lithium Canada Corp (TSX-V: WLC) and Rocky Mountain Resources Corp (TSX-V: RKY) have terminated their planned C$9.1 million merger deal announced late October 2009.

The joint statement did not provide reasons for the move. Western Lithium was to acquire Rocky Mountain’s entire issued share capital.

Under their deal Western Lithium had until Tuesday, November 10, to negotiate an exclusive definitive transaction and complete due diligence on its friendly takeover of Rocky Mountain.

Western Lithium is developing the Kings Valley, Nevada, deposit of lithium, used for batteries and consumer electronics and hybrid-electric vehicles.

Rocky Mountain is an industrial metal and minerals exploration and development company whose primary asset is the Gibellini development stage vanadium project in Nevada.

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