03:41 PM EST - ATW Gold Corp. : terminated its letter agreement with Kinbauri Gold Corp. dated July 12, 2009. Consequently, ATW Gold will not be proceeding with the Plan of Arrangement contemplated in the agreement. The company noted that section 18(c) of the agreement provides ATW Gold with the right to terminate if Kinbauri's board of directors fails to confirm its unanimous approval of the Plan of Arrangement to Kinbauri's shareholders. In the nearly three weeks since the Agreement was signed, that confirmation has not been announced to Kinbauri shareholders. ATW Gold Corp.
shares V.ATW are trading up $0.01 at $0.64.
