Firstgold Expects CFIUS to Recommend Rejection of Northwest Investment
(PressMethod) - Firstgold Corp. (TSX:FGD - News) (Pinksheets:FGOC - News) ("Firstgold" or "the Company") has been advised by The Committee on Foreign Investment in the United States ("CFIUS") that they will, on Dec 21st, recommend to President Obama that he reject the proposed investment by the China-based company Northwest Non Ferrous International Investment Company Ltd. ("Northwest") in Firstgold. CFIUS has determined through their investigation that serious, significant and consequential national security issues existed. In particular they noted the proximity of Firstgold's properties to the Fallon Naval Air Station and related facilities. CFIUS had considered several mitigation possibilities and concluded that none would sufficiently resolve the national security issues. CONTACT INFORMATION Email Us http:// ### Disclaimer: If you have any questions regarding information in these press releases please contact the company listed in the press release. Please do not contact PressMethod. We will be unable to assist you with your inquiry. PressMethod disclaims any content contained in these release. |