VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 04/03/12 — PanTerra Gold Limited (ASX: PGI)(ABN: 48 008 031 034) (PanTerra Gold or the „Company“), advises that it has completed the acquisition of Vancouver based Novus Gold Corp. (TSX VENTURE: NOV) by the issue of 18,412,632 PGI shares to Novus Gold shareholders (1 for 3).
PanTerra Gold has in effect acquired two exploration concessions in the Dominican Republic held by a wholly-owned subsidiary of Novus Gold.
La Yagua
La Paciencia
Contacts: PanTerra Gold Limited Mr Brian Johnson Chairman & CEO +61 2 4861 1740
PanTerra Gold Limited Mr James Tyers Director of Operations +61 2 4861 1740 61 2 4861 7665 (FAX)
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