Rockgate & Delta complete plan of arrangement

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Fri, Jan 30, 2009
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Post by Melissa Pistilli, Uranium Reporter

Rockgate Capital and Delta Exploration reports that Rockgate has acquired all of the issued and outstanding securities of Delta under a court-approved plan of arrangement.

Rockgate is pleased to announce the appointment of Christopher J. Wild, a former director and Vice President of Exploration of Delta as a director of Rockgate. Mr. Wild is currently a consultant to the mining industry. He is also Vice President, Exploration and a director of Cassidy Gold Corp., the Vice President, Exploration and Chief Operating Officer and a director of Navasota Resources Ltd., Vice President, Exploration and a director of Island Arc Exploration Corp., and a director of Africa West Minerals Corp., all junior mining reporting issuers, publicly traded on the TSX Venture Exchange.

Rockgate Capital’s President & CEO, Karl Kottmeier says:

“We are pleased to see the overwhelming approval of the transaction by Delta shareholders. Rockgate can now focus on advancing the Falea uranium silver project and developing the substantial portfolio of west African gold and uranium assets. We welcome Mr. Chris Wild to the board of the company and look forward to drawing on his substantial experience and strong technical abilities to augment our geological team as we continue to strive to build lasting shareholder value.”

For full details of this press release, click this link. To view Delta Exploration’s company profile, click here. Follow developments in uranium mining and exploration for free.
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