Clavo Rico Ltd. acquired Compania Minera Cerros del Sur, S.A. from Razor Resources Inc. (OTCPK:RZOR) for $3 million on February 3, 2012. The consideration for the acquisition of the Cerros capital stock was assumption of all of the debt of Mayan Gold, Inc., the former owner of Cerros. Clavo Rico Ltd. completed the acquisition of Compania Minera Cerros del Sur, S.A. from Razor Resources Inc. (OTCPK:RZOR) on February 3, 2012.