The TSX Venture Exchange has accepted for filing documentation in connection with an option agreement dated Jan. 16, 2019, between the company, and Divitiae Resources Ltd. (Adrian Smith Lutynski) and Piotr Lutynski, whereby the company will acquire a 100-per-cent interest in the Big Red porphyry copper-gold property, located in the Golden Triangle in British Columbia. Consideration is two million common shares and $440,000 cash paid over a four-year period. The property is subject to a 1-per-cent net smelter return (NSR), one-half of which the company can purchase for $10-million, subject to further exchange review and acceptance
© 2024 Canjex Publishing Ltd. All rights reserved.