The TSX Venture Exchange has accepted for filing documentation pursuant to a mineral property purchase agreement dated Sept. 12, 2016, and the agreement of purchase and sale dated May 10, 2016, and announced via news release on May 18, 2016, between the company and an arm's-length vendor, whereby the company will acquire 20 mineral tenures comprising approximately 1,473 hectares located in the Liard mining division, known as the East Claims property.
The company has purchased a 100-per-cent right, title and interest in the property. In consideration for the transaction, the company will issue 150,000 common shares to the vendor and make cash payments totalling $15,000.
For further details, please see the company's news release dated Oct. 14, 2016.
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