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Shareholder Alert: Levi & Korsinsky, LLP Launches an Investigation into the Board of Capital Gold Corporation
1 pages
Published by
associate8
Shareholder Alert: Levi & Korsinsky, LLP Launches an Investigation into the Board
of Capital Gold Corporation
Levi & Korsinsky is investigating the Board of Directors of Capital Gold
Corporation for possible breaches of fiduciary duty...
[More]
Shareholder Alert: Levi & Korsinsky, LLP Launches an Investigation into the Board
of Capital Gold Corporation
Levi & Korsinsky is investigating the Board of Directors of Capital Gold
Corporation for possible breaches of fiduciary duty and other violations of state
law in connection with their attempt to sell the Company to Gammon Gold, Inc.
New York, NY, October 06, 2010 -- Levi & Korsinsky is investigating the Board of
Directors of Capital Gold Corporation (?Capital Gold? or the ?Company?) (AMEX: CGC)
for possible breaches of fiduciary duty and other violations of state law in
connection with their attempt to sell the Company to Gammon Gold, Inc.
(?Gammon
Gold?) (NYSE: GRS).
Under the terms of the transaction, each common share of
Capital Gold will be exchanged for 0.
5209 common shares of Gammon Gold and a cash
payment in the amount of $0.
79 per share.
The total consideration for the purchase
of 100% of the fully diluted in-the-money shares of Capital Gold is approximately
$288
[Less]
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