12:01 PM EST - Renaissance Gold Inc. : announced that Atala Resources Corporation, a Canadian private company, has signed a letter of intent to purchase AuEx Argentina S.A., a wholly owned subsidiary of RenGold in exchange for cash, stock and a net smelter royalty. On signing the definitive agreement Atala will issue RenGold 500,000 common shares and will pay $20,000 cash. On completion of Atala raising $1 million, RenGold will receive an additional $30,000. With raising another $1 million RenGold will receive another $50,000. Renaissance Gold Inc.
shares T.REN are trading unchanged at $0.22.
