09:57 AM EST - Chalice Gold Mines : announced that it has entered into a conditional shortform agreement to sell its remaining 60% stake in the Zara Project in Eritrea to China SFECO Group (SFECO), a subsidiary of Shanghai Construction Group Co. Ltd. This follows the agreement in July 2011 pursuant to which Chalice agreed to sell a 30% interest in the Zara Project to the Eritrean National Mining Corporation. Chalice Gold Mines
shares T.CXN are trading down $0.08 at $0.26.