3DX Industries Inc (DDDX)

[ALERTS100%to10000%GAIN]

AMOK~~~On March 24, 2011 the Company signed an agreement with Warrior Ventures, Inc. a private company, to acquire 100% of the McNeil Gold Property.

The McNeil property is located within the Abitibi Greenstone belt, approximately 30 miles southeast of Timmins, Ontario, Canada and approximately 35 miles west of Kirkland Lake, Ontario, Canada.

The purchase price of the property consisted of the issuance to Warrior of 1,400,000 shares of Amarok’s restricted common stock along with an option to purchase 1,400,000 common shares of Amarok Resources, Inc. at a price of $1.00 per common share until October 1, 2011.

Any options remaining unexercised as of October 2, 2011 may be exercised at a price of $1.25 per common share until March 31, 2012, after which the option to purchase any shares of Amarok automatically terminates.

The Company capitalized a total of $826,000 for the McNeil property.

The amount capitalized for the McNeil property was valued using the Company’s closing stock price at the date of the agreement as well as the calculated value of the options, $0.56 and $0.03 respectively.
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