Atlanta, GA 6/3/2008 10:00:39 PM
News / Business

Gabriel Resources Ltd (TSE:GBU) to Hold Annual and Special Shareholders Meeting June 19

Gabriel Resources Ltd (TSE:GBU) will hold an annual and special shareholders meeting on Thursday, June 19 at 9:30 am ET.  A live webcast of the presentation will be available at gabrielresourcs.com/investor-01.html.

 

Gabriel Resources Ltd. is a Canada-based resource company engaged in the exploration and development of mineral properties in Romania and is engaged in developing its 80%-owned Rosia Montana gold project (the Project).The Company’s principal asset is its 80% direct ownership interest in a Romanian company, Rosia Montana Gold Corporation (RMGC), which holds two mineral licenses in Romania: Rosia Montana and Bucium. Minvest S.A. (Minvest), a Romanian state-owned mining company, together with three other private Romanian companies, hold a 20% interest in RMGC, and the Company holds the pre-emptive right to acquire the 20% minority interest.

 

RMGC holds an exploration license over the Bucium property. The Company, through its wholly owned subsidiary Rom Aur SRL (Rom Aur), holds an exploration license with respect to the Baisoara property in Western Romania.

 

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