Mr. Bryson Goodwin reports
Stamper Oil & Gas Corp. will unwind the share purchase agreement with Copper Creek Mining Inc. that had previously been announced in news releases dated Sept. 2, 2022, Jan. 6, 2023, and Feb. 15, 2023.
The share purchase agreement was to acquire all of the issued and outstanding shares of Copper Creek, which holds an option to acquire a 100-per-cent interest in the Perry River property from the vendor. As a result of this transactional unwind, Copper Creek will no longer be an owned subsidiary of the company.
As of the date of this news release, Stamper has a total of 5,102,207 common shares issued and outstanding.
The 5.25 million common shares of Stamper issued pursuant to the agreement and subject to a four-month hold period from the date of issue have been returned to treasury.
About Stamper Oil & Gas Corp.
Stamper (TSX Venture Exchange: STMP) is a resource company, seeking to acquire interests in mineral and/or oil and gas resource properties. The company is committed to creating sustainable shareholder value by evaluating and developing future prospects into commercially viable assets.
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