The TSX Venture Exchange has accepted for filing documentation pertaining to a property acquisition agreement dated Aug. 12, 2020, between Quinto Resources Inc. and a non-arm's-length party, TomaGold Corp. Pursuant to the terms of the agreement, TomaGold acquired the company's 2.5-per-cent interest in the Monster Lake property, located in Quebec, Canada.
As consideration for the property, the purchase price was paid by TomaGold to the company as follows: (i) $250,000 in cash; and (ii) the return of 750,000 common shares of the company held by TomaGold.
For further details, please refer to the company's news release dated Sept. 4, 2020.
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