03:49 PM EST - Cluff Gold plc : announced that it has signed a Memorandum of Understanding for a long term strategic partnership with Samsung C&T Corporation. This alliance commences with an unhedged $20-million U.S. facility to provide additional funding to Cluff Gold to further the development of its portfolio of assets. The Memorandum of Understanding provides a general framework for the potential long term funding of Baomahun and other development opportunities. Cluff Gold plc
shares T.CFG are trading unchanged at $1.05.