11:48 AM EST - Crocodile Gold Corp : has mutually agreed with Pitchblack Resources Ltd. to terminate the option agreement whereby Pitchblack would have acquired a 90% interest in mineral tenements located in the Northern Territory of Australia. The option agreement provided for cash payments on closing and substantial spending over the next 24 months that the Company does not believe would be in the best interests of shareholders in today's challenging capital markets. Crocodile Gold Corp
shares T.CRK are trading up $0.025 at $0.14.
