The TSX Venture Exchange has accepted for expedited filing documentation of an option agreement dated Aug. 25, 2010, between Unity Energy Corp. and Basin Minerals Ltd. whereby the company may acquire up to an undivided 100-per-cent interest in and to a single mineral disposition (the Lampin Lake property) located on the eastern margin of the Athabasca basin.
The consideration payable to the optionor is $20,000 and issuing one million common shares of the company. The company is required to complete $2-million worth of exploration expenditures within four years of the signing of the agreement.
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