Origo
Partners has announced the acquisition of a 25% stake in Kincora Ltd, owner of
the Bronze Fox copper-gold prospect in Mongolia for USD3 million. Kincora owns
a 100% interest in the Bronze Fox prospect through a wholly-owned Mongolian
subsidiary. Origo has also been granted an exclusive option, exercisable prior
to June 30, 2011, to increase its shareholding to 75% for an additional
consideration of USD12 million.