Gold Anomaly Limited (ASX: GOA) signed a letter of intent to acquire an additional 10% stake in crater mountain project from New Guinea Gold Limited for AUD 1.1 million on November 5, 2010. As a part of the consideration, Gold Anomaly will issue approximately 31.25 million shares to New Guinea. The transacation is subject to approval of the Papua New Guinea's Minister of Mines. As of April 17, 2012, Gold Anomaly Limited issued 31.25 million shares. As a result Crater Mountain Project will increase its stake from 80% to 90%. Gold Anomaly Limited (ASX: GOA) completed the acuisition of an additional 10% stake in crater mountain project from New Guinea Gold Limited on January 27, 2012.