Monday, February 13, 2012

ecoSolutions Intl (PK: ECOI) Announces Rescission of Golden Hills Transaction

ecoSolutions Intl (PK: ECOI) Announces Rescission of Golden Hills TransactionTallahassee, FL 2/13/12 (StreetBeat) -- ecoSolutions Intl (Pinksheets: ECOI) announced Friday that its recently completed acquisition of all of the outstanding stock of Golden Hills Resources, Inc., a company with gold mining claims in Gayana, has been rescinded by mutual agreement of the parties. As a result of such rescission, the Golden Hills stock has been returned to its former owners and all shares of the Company issued in the transaction have been cancelled by Company. The Company now has outstanding approximately 2.5 million shares of common stock. Bill Patridge, the Chairman of the Company, stated that "notwithstanding this rescission, the Company will continue to pursue gold and silver properties and projects in the future."

StreetBeat Disclaimer

Distributed by Viestly

No comments:

Post a Comment