Crew Gold reports Endeavour Secondary Market Purchase

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Thu, Jan 28, 2010
Gold Company News
Post by Melissa Pistilli, Gold Senior Reporter

Crew Gold Corporation (TSX:CRU) (OSLO:CRU) announced with reference to the Endeavour Financial Luxembourg SARL announcement, that the company has purchased 37.9% of the Company’s issued and outstanding common shares in a market transaction.

The press release is quoted as saying:

In connection with the transaction, the Company has agreed to appoint three nominees of Endeavour to the Board of Directors, including Frank Giustra and Neil Woodyer, to join three of the existing Board members. Cameron Belsher will remain as Chairman.

Click here to access the entire press release

Click here to access Crew Gold Corporate Site

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