Carlisle Gold {TSX.V:  CGJ} have announced they are “in discussions regarding a possible transaction”.

The stock,halted yesterday, has resumed trading, with a healthy 20% increase in share price on good volume.

News release

Carlisle halted, in talks over potential deal

Mr. Abraham Drost reports

CARLISLE GOLDFIELDS IN DISCUSSIONS FOR POTENTIAL TRANSACTION

Carlisle Goldfields Ltd. {TSX.V: CGJ} has requested a trading halt on the basis that it is currently in discussions concerning a potential commercial transaction.

Shareholders are reminded that there are no assurances that an agreement will be concluded, and, accordingly, the company will provide a further update within 24 hours or earlier as required by applicable regulatory requirements.

We seek Safe Harbor.