09:47 AM EST - Alternative Earth Resources Inc. : Has signed a non-binding letter of intent with Black Sea Copper & Gold Corp. outlining the terms of a transaction whereby AER will acquire 100% of the outstanding securities of BSCG. It is intended that the LOI will be replaced by a definitive and binding security exchange agreement by the end of November, and the transaction is expected to close by December 18. Alternative Earth Resources Inc.
shares V.AER are trading up $0.005 at $0.04.
