11:46 AM EST - Glass Earth Gold Ltd. : signs an option agreement to acquire a 70-per-cent equity interest in Golden Fern Resources, which currently holds 70 per cent of the Rise & Shine prospect in Otago, New Zealand. The option agreement that Glass Earth Gold signed with CanAlaska Uranium was to acquire 70 per cent of the common shares in its subsidiary, Golden Fern Resources, by funding up to $900,000 New Zealand or $640,000 Canadian of exploration expenditures by October 1, 2011. Glass Earth is a New Zealand-based gold exploration company exploring a land position of over 17,000 square kilometers in the North and South Islands. Glass Earth Gold Ltd.
shares V.GEL are trading even at $0.04.
