12:01:10 EDT Tue 23 Apr 2024
Enter Symbol
or Name
USA
CA



Ashburton Ventures Inc (3)
Symbol ABR
Shares Issued 12,379,059
Close 2017-02-22 C$ 0.21
Market Cap C$ 2,599,602
Recent Sedar Documents

Ashburton Ventures agreement for B.C. mining interests

2017-02-22 16:55 ET - Property Agreement

The TSX Venture Exchange has accepted for filing documentation in connection with an option agreement dated Jan. 23, 2017, between Ashburton Ventures Inc. and ZMM Canada Minerals Corp., whereby Ashburton will acquire a 100-per-cent interest in mining interests located near Cache Creek, B.C. Consideration is $20,000 and four million common shares, of which two million shares are payable in the first year and two million shares are payable in the second year. The property is subject to a 2-per-cent net smelter return royalty, of which the company will have the right to purchase 1 per cent for $1-million, subject to further exchange review and acceptance.

A total of $15,000 will be payable as finders' fees as follows:

  1. Ted Pomerleau as to $4,200 in year one and $3,500 in year two;
  2. Robert Weicker as to $4,200 in year one and $3,500 in year two.

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