The TSX Venture Exchange has accepted for filing documentation pertaining to a option agreement dated Dec. 6, 2017, between Sable Resources Ltd. and two arm's-length parties, whereby the company may acquire up to a 100-per-cent interest in certain mineral interests and mining claims (the Don Julio project), located in San Juan province, Argentina.
Under the terms of the agreement, the company will make aggregate cash payments of $4-million (U.S.), issue 3.4 million common shares and incur $4-million (U.S.) of exploration expenditures over a six-year period to earn a 100-per-cent interest in the project.
For further details, please refer to the company's news release dated Feb. 9, 2018.
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