03:58 PM EST - Carlisle Goldfields Limited : announces an agreement in principle to enter into a business combination providing for the acquisition by Carlisle Goldfields of all the outstanding shares of Delta Precious Metals (Ontario) Inc., a wholly-owned subsidiary of Delta incorporated under the laws of Ontario. The parties will be negotiating a definitive share exchange agreement. Currently Carlisle has 44.92 million common shares, 600,000 stock options and 2,232,686 warrants issued and outstanding. Following consolidation, Carlisle is expected to have 4.49 million post-consolidation common shares, 60,000 post-consolidation options and 223,269 post-consolidation warrants. Carlisle Goldfields Limited
shares T.CGJ are trading even at $0.04.
