Acquisition of Common Shares of Pacific Iron Ore Corporation (Formerly, "Klondike Capital Corp.")
July 24 2008 - 11:45AM
Marketwired Canada
Pursuant to the disclosure requirements of applicable securities laws, Cavendish
Investing Ltd. ("Cavendish") reports that it acquired ownership of 19,651,152
common shares ("Common Shares") in the capital of Pacific Iron Ore Corporation
(formerly, "Klondike Capital Corp.") (the "Company") (TSX VENTURE:POC),
representing approximately 38.08% of the total issued and outstanding Common
Shares.
The Company issued the shares to Cavendish at a deemed price of Cdn $0.40 per
Common Share in exchange for 19,651,152 common shares in the capital of Emerald
Fields Resource Corporation ("Emerald Fields"), a private Alberta company, with
which the Company amalgamated to complete its Qualifying Transaction.
A copy of the related early warning report will be filed on the SEDAR website
(www.sedar.com).
Cavendish Investing Ltd.
R.A.N. Bonnycastle, Chairman & President
Pacific Iron Ore (TSXV:POC)
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