03:31 PM EST - Allied Nevada Gold Corp : announced today that West Kirkland Mining Inc. has signed a binding letter agreement with Allied Nevada to acquire Allied's Hasbrouck and Three Hills properties in southwestern Nevada for consideration of up to $30 million U.S. In connection with the Transaction, WKM announces a non-brokered private placement of up to 15,000,000 common shares at a price of $0.10 per share for aggregate subscription proceeds of up to $1,500,000. Allied Nevada Gold Corp
shares T.ANV are trading down $0.47 at $4.91.