Mr. Andre Tessier reports
MURGOR RESOURCES COMPLETES THE SALE OF ITS REMAINING INTEREST AT WINDFALL
Murgor Resources Inc. has completed the sale of its remaining
interest at the Windfall 29 claims and 184 claims properties, as
previously announced on March 13, 2014.
Under the terms of the agreement, Murgor has received a cash payment of
$250,000 and 9.5 million common shares of Eagle Hill Exploration
Corp. In addition, Murgor retains a 0.5-per-cent net-smelter-return royalty on the Windfall 29 claims property and a 1-per-cent NSR royalty
on the Windfall 184 claims property. Eagle Hill retains the right to
buy back the 0.5-per-cent NSR royalty on the Windfall 29 claims property for
$500,000 and/or the 1-per-cent NSR royalty on the Windfall 184 claims property
for an additional $500,000 at any time prior to first commercial
production.
We seek Safe Harbor.
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