Mashwa Minerals Ltd. Agree to Acquire 100% Stake in Denton Marsh Mining

Mashwa Minerals Ltd. have recently announced they have agreed to acquire a 100% stake in Alaska based Denton Marsh Mining.

The terms of the acquisition were agreed by both companies on January 4 but it was decided to delay the announcement until all shareholders and investors of both companies had been informed.

The acquisition by Mashwa Minerals Ltd. will strengthen further their position in the area as one of the pre-eminent mining companies.

"Although Denton Marsh were not known as one of the ‘main players' in the area they were, nonetheless, a key acquisition for us. Their team are regarded as one of the most knowledgeable in the area and it is this type of local knowledge and experience we are striving to acquire at all our locations," said Mr. Malcolm Shaw serves as the Chief Financial Director with Mashwa Minerals Ltd.

"I am looking forward to fully integrating their team with ours and with their knowledge and our technological advantage we will very quickly become one of, if not the best, operation in the area," Shaw added.

As part of the acquisition agreement, Denton Marsh Mining will retain their independent trading status until December 31 and will be incorporated within Mashwa Minerals Ltd. in the new year.

"Myself and the entire team at Denton Marsh consider ourselves privileged to now be part of the Mashwa Minerals organization and under their extensive mining umbrella," said Kim Denton, Director of Denton Marsh Mining.

"We also look forward to forming a team of individuals who, with Mashwa Minerals Ltd.'s undoubted resources, will quickly establish themselves as a force to be reckoned with," Denton added.

Neither company were prepared to disclosure the exact details involving the acquisition, only to comment that ‘both parties were satisfied with the arrangement."