BURKINA FASO - Goldcrest Resources Ltd (GR) of Canada acquired a 51% interest in the Gaoua copper gold project, of Phelps Dodge Exploration Corp {PDEC} of the US, a real estate development firm, a wholly owned unit of Phelps Dodge Corp. Concurrently, GR was granted an option to raise its interest to 70% from 51, by acquiring a 19% stake in the Gaoua copper gold project of PDEC.

Acquirer: Goldcrest Resources Ltd
Acquirer Business Discription: Gold,mineral mining co
Acquirer Ultimate Parent: Volta Resources Inc
Acquirer SIC Code: 1041 - Gold ores
Target Name: PDEC-Gaoua Copper-Gold
Target Business Description: Copper,gold mining
Target Ultimate Parent: Freeport-McMoRan Copper & Gold
Target SIC Code: 1021 - Copper ores
Please Note: Target Financials are not included in this report.
Transaction Statistics are not included in this report.

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 Thomson Financial Mergers & Acquisitions
Thomson Financial's (TF) Worldwide Mergers and Acquisitions database covers public and private transactions involving at least a 5% ownership of a company. Transactions include m&a, stock swaps, LBO's, spinoffs, rumored and seeking buyer deals, and more. U.S. deals date as far back as 1979, and international deals to 1985.