The
TSX Venture Exchange has accepted for filing a property option agreement dated June 16, 2011, and amended June 5, 2012, between Golden Band Resources Inc. and 1542651 Alberta Ltd. (James Beardsall, Thomas Fontaine, Karl Meade and Terrence Primeau) whereby Golden Band has been granted an option to acquire a 100-per-cent interest in the North Lake property, Saskatchewan. Consideration is $100,000 cash, or at the company's election, 500,000 warrants exercisable at 33 cents for a three-year period, and at the vendor's election either $200,000 cash or shares of the company and $1-million in exploration expenditures within a three-year period. The property is subject to a 2-per-cent net smelter royalty with Golden Band having the option to purchase one-half (1 per cent) for $500,000.
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