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Re: Value_Investor post# 1465

Sunday, 08/30/2015 5:09:29 PM

Sunday, August 30, 2015 5:09:29 PM

Post# of 5282
You should add to your DD also:


FLEX MINING LTD

Delaware US-DE-5553131

FLEX MINING LTD was formed on 2014-06-17 in Delaware by THE COMPANY CORPORATION

FORMATION DETAILS

Registration Number: 5553131
Type: Corporation
Date of Formation: 2014-06-17



http://businessprofiles.com/details/flex-mining-ltd/US-DE-5553131

Item 1.01 Entry into a Material Definitive Agreement.

On April 9, 2015, Siga Resources, Inc. (the “Company”) entered into a Letter of Intent whereby it will sign a definitive earn-in agreement to acquire 100% of Flex Mining Ltd., a Delaware corporation (“Flex Mining”), through the issuance of 1,800,000 restricted common shares, $10,000 payable within six months and a capital expenditure of $1,000,000 on the property over three years. Flex Mining owns 100% of six mining claims named the Big Monty located in the historic Abitibi Greenstone Belt region of Ontario, Canada.


http://www.sec.gov/Archives/edgar/data/1386936/000149315215001353/form8-k.htm

But on the New Website they state 7 claims...

The company has entered an agreement to purchase 100% of a gold mining concession which are known as the Big Monty claims (7 claims total). These 7 claims total nearly 3,000 acres. The Big Monty claims are bordered by gold producers and explorers, situated along the Porcupine-Destor Fault Zone "PDFZ".

Item 1.01 Entry into a Material Definitive Agreement.


http://goldlakes.com/

Oh and this should really be part of the DD:


Item 3.02 Unregistered Sales of Equity Securities.

On August 28, 2015, Gold Lakes Corp. (the “Company”) entered into an Equity Participation and Earn-In Agreement (the “Agreement”) with Flex Mining Ltd., a Delaware Corporation (“Flex”). Pursuant to the Agreement, the Company has the right to acquire 100% of Flex by incurring expenditures of $1 million over the next three years. In addition, the Company will issue Flex 23,500,000 shares of restricted common stock within the next 90 days at a deemed value of $0.05 per share.



But yes it has CURRENTLY a tiny SS... while Flex values the Stock obviously at .05 as the 8K shows

GL


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