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Geodex Minerals completes acquisition of Goldway, names president/CEO

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Geodex Minerals completes acquisition of Goldway, names president/CEO

Geodex Minerals Ltd. said Aug. 10 that it completed a previously announced acquisition of private Bolivian metals trading company Goldway SRL, making the latter a subsidiary of the company.

Under the deal, 5 million shares were issued to Goldway shareholders, and Geodex paid US$100,000 in cash.

Meanwhile, Geodex named Gorden Glenn as president and CEO after he assumed the role on an interim basis. Ali Zamani was named as director.