12:02 PM EST - Kierland Resources Ltd. : announces that it has closed the purchase of 100% of the shares of QMAC Ventures Inc. on April 1, 2010. The company stated that all share adjustments have been finalized for the acquisition of 96% of the issued shares of QMAC in exchange for Kierland shares. The remaining 4% of the issued shares were acquired for the approximate cash sum of $96,000. Kierland Resources Ltd.
shares V.KIR are trading up $0.005 at $0.04.