14:23:02 EDT Thu 28 Mar 2024
Enter Symbol
or Name
USA
CA



Jaxon Minerals Inc (2)
Symbol JAX
Shares Issued 51,970,367
Close 2017-08-28 C$ 0.37
Market Cap C$ 19,229,036
Recent Sedar Documents

Jaxon Minerals, Roca Mines property agreement

2017-08-28 18:46 ET - Property Agreement

The TSX Venture Exchange has accepted for filing documentation in connection with a purchase and royalty agreement dated Aug. 3, 2017, between the company and Roca Mines Inc. (Scott Broughton, chief executive officer, and David Skerlec, chief financial officer), and amended Aug. 24, 2017, whereby the company has been granted an option to acquire up to a 100-per-cent interest in the Foremore property, located in British Columbia. The aggregate consideration is $700,000 and 3,187,500 common shares (presplit), payable over a five-year period. The property is subject to a 2.5-per-cent net smelter return (NSR), of which $2.5-million and 2.5 million common shares (presplit) are payable upon commercial production.

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