09:51 AM EST - Genco Resources Ltd. : announced the receipt of a $1.3-million payment from Andover Ventures Inc. and amended the existing deal by which Genco has agreed to sell to Andover 13.03 million common shares of Chief Consolidated Mining Company. As per the terms of the new deal, Andover has paid Genco $1.3 million and agreed to pay Genco a further $700,000 plus quarterly interest on or before October 31, 2010 and $2 million plus quarterly interest on or before September 24, 2011. Genco Resources Ltd.
shares T.GGC are trading up $0.005 at $0.30.
