InvestorsHub Logo
Followers 369
Posts 17907
Boards Moderated 3
Alias Born 04/02/2009

Re: Ogclip © post# 139

Thursday, 05/08/2014 4:55:07 PM

Thursday, May 08, 2014 4:55:07 PM

Post# of 196
GGSM fro mthe 8k ITEM 1.01 ENTRY INTO A MATERIAL DEFINITIVE AGREEMENT.


On April 28th, 2014, the Company entered into Agreement with Chancery Mining Canada Ltd to acquire all assets and liabilities including mining operations in Mexico, for a value of $125.000,00 payable on a Promissory note executed March 31st 2014 and due on March 31st 2015 with an interest rate of 10% annual. The board of directors approved on April 28th 2014 the resolution to acquire all liabilities and assets from Chancery Mining and further approval to open operations in Mexico. No increased Option rights, no other elements of the Original Agreement were changed or affected.


9.01 EXHIBITS.



NONE


ITEM 5.02 Departure of Directors or Principal Officers; Election of Directors; Appointment of Principal Officers


On May 8, 2014, Ivan Mondragon was appointed Director Operations in Mexico and Vice President of Exploration.


Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.