04:22:51 EDT Fri 29 Mar 2024
Enter Symbol
or Name
USA
CA



Jaxon Mining Inc
Symbol JAX
Shares Issued 76,726,834
Close 2018-05-01 C$ 0.14
Market Cap C$ 10,741,757
Recent Sedar Documents

Jaxon Mining, Van Silver property agreement

2018-05-02 16:32 ET - Property Agreement

The TSX Venture Exchange has accepted for filing documentation in connection with an asset purchase agreement dated Aug. 9, 2017, subsequently amended on Jan. 30, 2018, between the company and Van Silver Holdings Ltd. (Martial Levasseur), whereby the company has acquired additional claims contiguous to its Hazelton project, located 50 kilometres north of Smithers, B.C. The aggregate consideration will be staged by paying $25,000 cash and issuing 250,000 shares of Jaxon over three years. The claims are subject to a 2-per-cent net smelter return, which can be bought back for $1-million per 1 per cent. If the claims are placed into production, a further $50,000 payment and an issuance of 100,000 Jaxon shares are due.

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