10:00 AM EST - Carpathian Gold Inc. : announced that it has agreed to acquire a ball mill and crushers for its Riacho dos Machados gold project in Minas Gerais, Brazil. Total cost of the equipment and technical information is $9.0 million U.S. and will be paid out of the Corporation's treasury. The Plant is new and is presently in original manufacturers' shipping containers having originally been commissioned by another mining company for a project that was not developed. Closing of the acquisition is expected to take place on or about January 31. Carpathian Gold Inc.
shares T.CPN are trading up $0.01 at $0.59.
