Surface Mining Feature Stories, Business Spotlights, News & and more!

Surface Mining

Advertisement




Advertisement




Advertisement




Advertisement




ICBS Acquires Controlling Interest of Quebec’s Canwealth Minerals Corporation

Published: June 14, 2011 | Share This

[Click image to enlarge]

ICBS Ltd., has acquired a controlling interest of 51 percent in Canwealth Minerals Corporation.

An agreement was reached with majority shareholder Kelly Taylor, president & CEO of Canwealth Minerals, in which ICBS acquired a total of 51 percent of the company’s stock. Canwealth Minerals Corporation is a privately held company.

Canwealth Minerals Corporation has a significant number of drill-ready targets including newly acquired sites.

The company’s current strategic direction is to seek out properties/claims known to have high mineral value and rare earth elements, which will lead rapidly to the advanced exploration and development stages.

To accomplish this Canwealth Minerals’ experienced management team, through the use of the latest technology, will explore and drill its mining claims to expeditiously achieve resources and take these to advanced project development.

“We are very pleased to have ICBS as a strong partner, which will bring strong management experience and skills to the company,” said Kelly Taylor, president & CEO of Canwealth Minerals Corporation.

ICBS is providing management and project funding.

About Canwealth Minerals
Canwealth Minerals Corporation is a gold and precious metal mining company which holds 90 claims in 28,967 acres in northern Quebec. The company’s management team is made up of professionals with extensive exploration and production experience. The company is committed to build Canwealth Minerals Corporation into a profitable resource by maximizing shareholder value through exploration of its high quality properties in Northern Quebec.


To stop by Canwealth Minerals’ website, CLICK HERE