Hunt Gold Corp. (HGLC.PK) Issues Update Regarding Stock Purchases by Joint Venture Company
Hunt Gold Corporation announced during November of last year that it had formed a Joint Venture Company, being a 50/50 partnership between Hunt Gold and a Mining Fund, to acquire shares of Hunt Gold’s Common Stock as a short to medium term investment. Today, the company reported their progress on the purchases: -- Total purchases to date by the Joint Venture Company now amount to 1,103,863,000 shares of "free trading" Common Stock. -- 156,983,000 "free trading" shares were purchased on November 17, 2008 at a price of US$0.00035 per share -- 196,880,000 "free trading" shares were purchased on November 26,…