Acadian Mining Corp (ADA.TO) said it agreed to sell its zinc and lead interests in Canada for C$10 million to focus on gold exploration, sending its shares up 19 percent. The company's shares rose 19 percent to 41 Canadian cents in early morning trade on Tuesday on the Toronto Stock Exchange. Halifax, Nova Scotia-based Acadian said it signed a letter of intent with Selwyn Resources Ltd to sell its interests. Selwyn will buy all issued and outstanding shares of ScoZinc Ltd, which holds all assets associated with the Scotia Mine in Nova Scotia.
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