Thursday, April 27, 2017 11:31:46 PM
the confededration project.
"The TSX Venture Exchange has accepted for expedited filing documentation pertaining to an amended option agreement dated March 20, 2017, between Pistol Bay Mining Inc. and 1544230 Ontario Inc. (Perry English and Julie English), pursuant to which the company may acquire a 100-per-cent interest in 15 mineral claims (125 units) covering approximately 2,000 hectares, located in the Confederation Lake greenstone belt, southeast of Red Lake, Ont., known as the Lucky 7 and Moth claims. In consideration, the company will make cash payments totalling $72,000 and issue a total of 2.3 million shares in stages as follows:
Upon acceptance, $12,000 cash and 400,000 shares;
First anniversary, $16,000 cash and 500,000 shares;
Second anniversary, $20,000 cash and 600,000 shares;
Third anniversary, $24,000 cash and 800,000 shares.
A 1.5-per-cent net smelter return royalty has been granted to the optionor, of which 0.75 per cent may be purchased at any time for $400,000."
NanoViricides Reports that the Phase I NV-387 Clinical Trial is Completed Successfully and Data Lock is Expected Soon • NNVC • May 2, 2024 10:07 AM
ILUS Files Form 10-K and Provides Shareholder Update • ILUS • May 2, 2024 8:52 AM
Avant Technologies Names New CEO Following Acquisition of Healthcare Technology and Data Integration Firm • AVAI • May 2, 2024 8:00 AM
Bantec Engaged in a Letter of Intent to Acquire a Small New Jersey Based Manufacturing Company • BANT • May 1, 2024 10:00 AM
Cannabix Technologies to Deliver Breath Logix Alcohol Screening Device to Australia • BLO • Apr 30, 2024 8:53 AM
Hydromer, Inc. Reports Preliminary Unaudited Financial Results for First Quarter 2024 • HYDI • Apr 29, 2024 9:10 AM