November 21, 2008

Gulfside Minerals inks deal on Mongolian coal project - report

Gulfside Minerals Ltd on Friday said it has entered into a definitive agreement on its Mongolian coal project.

Completion of the acquisition is subject to the approval of the TSX Venture Exchange. Once approval has been received, the company would be issuing a comprehensive news release outlining the details of the acquisition.

Norwest Corporation a coal consultancy based at Salt Lake City in Utah would finalize the NI 43 101 technical report on the coal property.