Takara Resources Inc. (TSX VENTURE:TKK) announced that it will continue to offer the shareholders immediate and sustainable value by completing transactions with other companies that have advanced stage gold projects.

The press release is quoted as saying:

In March, 2009 Takara completed a strategic alliance transaction with Garson Gold Corp. (TSX VENTURE:GG) (See Takara news release dated March 13, 2009). Pursuant to this transaction, each shareholder of Takara received, in addition to Takara shares already held, a dividend in kind equal to .307569 shares of Garson Gold for every 1 share of Takara held (or, 30.7 shares for every 100 TKK shares held). On October 20, 2009 Garson Gold announced that there was a friendly take-over offer for its shares at a premium to the current market capitalization. See news release of Garson Gold October 20, 2009 for further details.

Click here to access the entire press release

Click here to access Takara Resources’s Corporate Site

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