06:34:57 EDT Fri 29 Mar 2024
Enter Symbol
or Name
USA
CA



Kootenay Silver Inc
Symbol KTN
Shares Issued 74,788,897
Close 2015-07-02 C$ 0.40
Market Cap C$ 29,915,559
Recent Sedar Documents

Kootenay Silver agreement for B.C. properties

2015-07-03 18:01 ET - Property Agreement

The TSX Venture Exchange has accepted for filing a grub stake agreement dated Jan. 1, 2015, between Kootenay Silver Inc. and the Kennedy Group (Craig Kennedy, Tom Kennedy, Mike Kennedy and Sean Kennedy). Pursuant to the terms of the agreement, the company has exercised its option to acquire a 100-per-cent interest in the Silver Fox, Spikes Vacation and Walter the Water Buffalo properties in British Columbia. By way of consideration, the company will issue 300,000 shares at a deemed price of 42 cents per share. The properties are subject to a 2-per-cent net smelter return in favour of the Kennedy Group, which the company may repurchase in whole or in part for $500,000 per 0.5 per cent. Any issuance of securities to purchase the NSR would be subject to the prior approval of the exchange.

Please refer to the company's news release dated June 30, 2015, for further details.

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