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Replies to post #217445 on KAT Exploration Inc (KATX)
B402
05/28/13 11:23 AM
#217449 RE: eiddle #217445
On November 25, 2011, pursuant to an asset purchase agreement between our company and our parent company Kat Exploration, Inc., we acquired 100% of the mineral rights that KATX then held in and to Rusty Ridge, Collier’s and South Lucky (each a “ November Property ” and collectively, the “ November Properties ”) located in the Province of Newfoundland and Labrador, Canada from our parent company in exchange for 135,000,000 shares of our common stock. We sometimes refer to Handcamp and the November Properties collectively as the “ Properties .