15:54:26 EDT Thu 23 May 2024
Enter Symbol
or Name
USA
CA



Lions Gate Metals Inc
Symbol LGM
Shares Issued 12,206,694
Close 2010-07-27 C$ 0.73
Market Cap C$ 8,910,887
Recent Sedar Documents

Lions Gate Metals agreement for Poplar Lake claims

2010-07-28 17:15 ET - Property Agreement

The TSX Venture Exchange has accepted for filing an option agreement dated April 29, 2009, between Lions Gate Metals Inc. and John Bot whereby the company will acquire a 100-per-cent interest in 16 mineral claims known as the Poplar Lake claims located in northwestern British Columbia.

Total consideration consists of 100,000 shares of the company to be issued over a four-year period.

In addition, there is a 1-per-cent net smelter return relating to the acquisition. The company may at any time purchase 1 per cent of the net smelter return for $100,000 (less any net smelter return payments previously made) in order to reduce the total net smelter return to nil.

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