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Pdog

07/31/11 10:21 PM

#104710 RE: ILVELV #104701

On June 1, 2011, the Company’s 100% owned subsidiary entered into two business development services agreement which provide for an annual fixed fee of $300,000(Cdn) and $240,000.(Cdn)




Very interesting...... Do you think this will be PR'd?

The agreements also provide for reimbursements of all reasonable expenses related to the development and management of the Nemegosenda Niobium Property.



Does this give us a blank check to ramp up exploration?