LAST BUT NOT LEAST — Bakertalc options Tanzanian gold play

In Tanzania, Bakertalc (ME) has acquired a 90% interest in the Lupa gold property from Tanzania Diamond Mines.

It can also acquire that company’s interests in other gold and diamond properties.

Bakertalc was given interest-free loans totaling $2 million, enabling it to buy the Lupa interest. The loans will be repaid from proceeds of a previously disclosed private placement of 2.25 million units at 96 cents each.