Canada Carbon Inc. (TSXV:CCB) announced that it has finalized an agreement to buy the Asbury mine, a past-producing graphite mine, from Uragold Bay Resources Inc. (TSXV:UBR). The company plans to reopen the mine within 12 to 14 months.
Bolero Resources Corp. (TSXV:BRU) announced that it has entered into a definitive agreement to acquire Uragold Bay Resources Inc.'s (TSXV:UBR) Asbury graphite mine on or before October 15, 2012.
Uragold Bay Resources (TSXV:UBR) announced the 100% acquisition of the Asbury Graphite Mine and Canadian Graphite Property following the closing of a $66,000 non-brokered private placement.
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