On November 1, PricewaterhouseCoopers Inc., in its capacity as court-appointed receiver and pursuant to an approval and vesting order entered by the Supreme Court of British Columbia, completed the sale of all of the assets, undertakings and property of CanXGold Mining Corp. and Kettle River Resources Ltd. to Phoenix Copper Company Inc. for an aggregate of cash consideration, the granting of a net smelter returns royalty, and the issuance of common shares of Phoenix Copper to RIVI Opportunity Fund LP.
Cassels acted for Pricewaterhouse Coopers.