The TSX Venture Exchange has accepted for filing a definitive agreement dated Aug. 9, 2018, with Sojourn Exploration Inc. (the purchaser), whereby the purchaser can acquire the Oweegee Dome, Willoughby and Todd Creek projects in British Columbia for $250,000 in cash and the issuance of 7,823,417 shares at a deemed price per share of 10 cents. The option agreements previously entered into between the company and the purchaser for the Willoughby and Oweegee Dome properties have been terminated and replaced by the definitive purchase agreement. The disposition is a non-arm's-length transaction due to Gregory Beischer being a director of both the company and the purchaser. No finders' fees are payable.
Please refer to the company's news releases dated Aug. 9, 2018, and Sept. 14, 2018, for further information.
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