10:14:13 EDT Fri 29 Mar 2024
Enter Symbol
or Name
USA
CA



Glenmark Capital Corp
Symbol GLM
Shares Issued 99,045,724
Close 2015-03-10 C$ 0.175
Market Cap C$ 17,333,002
Recent Sedar Documents

Glenmark Capital Margurete property agreement

2015-03-11 20:01 ET - Property Agreement

The TSX Venture Exchange has accepted for filing an option agreement dated March 5, 2015, between the company and Anstag Mining Ltd. (Reza Mohammed). Pursuant to the terms of the agreement, the company may acquire a 100-per-cent interest in the Margurete gold project. By way of consideration, the company will make cash payments totalling $500,000 and will issue 300,000 shares at a deemed price of 18.5 cents per share. The company must also complete $500,000 in exploration work on the property within a four-year period. The property is subject to a 1-per-cent gross overriding royalty in favour of the optionor.

Please refer to the company's news release dated March 5, 2015, for further details.

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