12:39 PM EST - Apollo Gold Corp : has entered into a letter of intent with First Majestic Silver Corp. effective June 22, (“Letter of Intent” or “LOI”). Pursuant to the LOI, Apollo has confirmed its intention to enter into a three-year earn-in option with First Majestic to acquire 100% of First Majestic’s ownership in its Jalisco Group of properties, in the state of Jalisco, Mexico The LOI is non-binding, however it is the intention of Apollo and First Majestic to enter into a Definitive Agreement within 90 days. Apollo Gold Corp
shares V.APGO are trading up $0.10 at $0.72.
