Junior Black Swan Gold Mines (BSW-T) has acquired private Brazilian company Sul Amrica Mineraao and announced a 5-to-1 share consolidation.
The company paid US$1.3 million to the vendor and issued him 23.1 million shares. In return, Black Swan assumes ownership of the Cata Preta property, in Minas Gerais state, as well as 14 other gold properties and five diamond properties in the country.
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