TORONTO (miningweekly.com) – Vancouver-based Gryphon Gold has formed a special committee of independent directors to consider potential transactions, the company said.

The committee, which has engaged Holland and Hart LLP as counsel, will examine and explore “potential business combination, strategic financing and other opportunities”, Gryphon said on Tuesday.

No potential transactions have yet been identified for recommendation to the board.

Gryphon is exploring for gold in Nevada.

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