STPGF - Steppe Gold acquiring Anacortes Mining to expand into Tres Cruces gold project in Peru

(NewsDirect)

Steppe Gold executive vice president AneelWarraich joins Natalie Stoberman from the Proactive studios to sharedetails behind the company's agreement to acquire Anacortes Miningand its Tres Cruces gold project in Peru.

Warraich says theacquisition of Anacortes Mining, which is expected to close in June,gives Steppe the opportunity to diversify and double the size of thecompany. Waraich adds that the all-share transaction allowsAnacortes' shareholders to capture value on recovery and there-rate as a multi-asset, multi-jurisdiction producer.

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