Jipangu invests in Apollo, eyes Nevada assets (June 02, 2005)

Denver-based Apollo Gold (APG-T) has agreed to sell Japanese-based gold miner Jipangu a 9.5% stake in the company for $4 million. Under the deal, Jipangu will acquire 10 million Apollo shares at 40 apiece; the subscription price represents a 9%...

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