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Saturday, August 28, 2010 11:29:40 AM
From that,
"In a letter agreement signed on June 29, 2010, the Group purchased certain claims (approximately 60.7 square kilometers) adjacent to the Pebble Partnership’s Pebble Project from Liberty Star Uranium & Metals Corp. (“Liberty Star”) for a consideration of US$1 million in cash (approximately $1.1 million) and a loan advance of US$3 million (approximately $3.2 million). These claims are included with the mining claims and related assets secured by the loan advance (note 5(a)) until formal transfer of title to these claims has been effected. In terms of the Pebble Partnership agreement with Anglo American, the Pebble Partnership has the right to acquire these claims and reimburse the Group for its acquisition costs incurred."
http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=7414091
Transfer has concluded
Deal is done.
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