Saturday, October 29, 2022 9:08:03 AM
A 2% NSR is payable to the optionors on all minerals produced from the property. The Company has the right at any time to buy-back 2% of the NSR from the optionors for $1,000,000. During the year ended February 28, 2018, the Company expanded its Lac Gueret Extensions project (South & East blocks).
The Company acquired more claims adjacent to and on-trend with Mason Graphite. The Company paid $25,000 and issued 62,500 common shares of the Company fair valued at $56,250.
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