Angold Completes Acquisition of Federal Gold
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Company") (TSXV: AAU), announces that it has completed the acquisition (the "
Transaction") of the privately held Federal Gold Corp. ("
Federal Gold"). In accordance with the terms of the Transaction, Federal Gold has amalgamated with a wholly-owned subsidiary of the Company, 1266857 B.C. Ltd. (the "
Business Combination") pursuant to the terms of a definitive amalgamation agreement among Federal Gold, the Company and 1266857 B.C. Ltd. (the "
Definitive Agreement"), and the Company has changed its name to "Angold Resources Ltd." (the "
Name Change"). The common shares of the Company are expected to begin trading on the TSX Venture Exchange (the "