Aviva Corporation's merger with Northern Energy Mining Inc. scrapped

Botswana's Aviva Corporation's proposed merger with Northern Energy Mining Inc. (NEMI) has been cancelled following the discover of 'errors' realised in the books of Northern Energy. It was Nothern Energy who advised Aviva that errors in determining its partners' historical cash calls at its Peace River Coal Limited Partnership had effectively reduced what it believed its particpation was in the venture, thereby making them worth substantially less than was thought.