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Friday, October 25, 2019 2:21:50 PM
Toronto, Ontario--(Newsfile Corp. - October 25, 2019) - Metals Creek Resources Corp. (TSXV: MEK) (OTC: MCREF) (Metals Creek or the "Company") is pleased to announce that the company has been advised by their Option/Joint Venture partner Manning Ventures Inc. (CSE: MANN) ("Manning") that Manning will commence trading on the Canadian Stock Exchange (CSE) under the symbol "Mann" beginning at market opening on Friday, 25 October, 2019.
On 26 September 2018, Metals Creek and Manning entered into an option agreement whereas Manning has the option to acquire a 75% interest in MEK's Squid East Property, located in the northwest extension of the White Gold district, Yukon. (See MEK news release dated 27 September 2018). The Property is 100% owned by MEK.
Under the terms of the agreement, Manning must make cash payments to Metals Creek of $65,000 over two years ($35,000 due upon CSE listing), issue to Metals Creek a total of 1,200,000 Manning common shares over two years (600,000 due upon CSE Listing) and incur work expenditures of $1,150,000 over four years ($50,000 by 31 Dec, 2019). Manning will be the operator during the option period.
Read more at:
https://finance.yahoo.com/news/metals-creek-resources-corp-option-113700059.html
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