Timberline Resources Signs Letter of Intent to Sell Its Contract Drilling Subsidiary
Timberline Resources Corporation (NYSE: TLR) announced today that it has signed a non-binding Letter of Intent to sell its wholly-owned contract drilling subsidiary, Timberline Drilling, to a private company formed by a group of investors, including certain members of the current senior management team of TDI.
© 2014 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.