Northgate Minerals ( NXG ) In Play

8:30AM Northgate Minerals (NXG) confirms discussions with Dioro Exploration NL (NXG) 2.30 : Co confirmed that it is currently engaged in advanced discussions with the Board of Directors of Dioro Exploration NL  regarding a potential material transaction. Northgate will provide further updates on the status of its discussions with the Dioro Board as appropriate and in accordance with applicable regulations and its internal disclosure policies.

VANCOUVER, July 20 /PRNewswire-FirstCall/ - Northgate Minerals Corporation (TSX: NGX, NYSE Amex: NXG) has confirmed today that it is currently engaged in advanced discussions with the Board of Directors of Dioro Exploration NL (”Dioro”) regarding a potential material transaction. Northgate will provide further updates on the status of its discussions with the Dioro Board as appropriate and in accordance with applicable regulations and its internal disclosure policies.

A press release dated July 20, 2009 has been issued by Dioro in conjunction with the potential material transaction and is available on Dioro’s website at www.dioro.com.au.

About Dioro:

Dioro Exploration NL is an integrated gold producer listed on the Australian Securities Exchange (ASX) and Toronto Stock Exchange (TSX). Further information regarding Dioro is available at Dioro.com.

You can read all our blogs on Northgate Minerals (NXG) 2oversold.com on NXG

2oversold.com is a blog for the individual consumer and private investor. We are not experts in the markets nor do we make any recommendations of any company. The companies we blog about are discussed for the purposes of this blog only and this should not be considered as investment advice.