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Golden Phoenix sells holding

NNBW staff

Golden Phoenix Minerals, Inc. of Sparks said last week it sold 7.04 million shares of Scorpio Gold Corp., raising approximately $3.6 million.

Golden Phoenix acquired the shares in March when it sold a 70 percent interest in its Mineral Ridge gold project near Silver Peak in Esmeralda County to Scorpio. Golden Phoenix retains a 30 percent interest in the project.


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