The TSX Venture Exchange has accepted for filing documentation pertaining to a letter agreement dated Sept. 14, 2013, between Canada Carbon Inc. and 9228-6202 Quebec Inc., an arm's-length vendor. Canada Carbon will acquire 0.5 per cent of the net production royalty granted to 9228-6202 in relation to the company's Miller property, a property the company acquired on Jan. 7, 2013. As a result of the transaction 9228-6202's NSR will be reduced to 1.5 per cent.
In consideration for the 0.5-per-cent NSR the company will issue 100,000 common shares to 9228-6202.
For further details, please refer to the company's news release dated Sept. 19, 2013.
© 2024 Canjex Publishing Ltd. All rights reserved.