20:00:34 EDT Sat 30 May 2020
Enter Symbol
or Name
USA
CA



Softrock Minerals Ltd
Symbol SFT
Shares Issued 39,252,927
Close 2019-10-16 C$ 0.02
Recent Sedar Documents

Softrock extends option to acquire Dagny Lake claims

2019-10-17 18:25 ET - News Release

Mr. Nick Taylor reports

SOFTROCK ANNOUNCES EXTENSION OF OPTION TO ACQUIRE MINERAL CLAIMS

Softrock Minerals Ltd. has entered into an amending agreement whereby it has issued 600,000 common shares in the capital of the company as consideration to extend its option to acquire a 100-per-cent interest (subject to a 2-per-cent net smelter override) in 135 mineral claims (cells) encompassing approximately 2,763 hectares in the Dagny Lake area of Ontario, 80 kilometres northeast of Kenora. The claims (cells) are in one solid block and lie in the English River subprovince belt, which hosts the Werner-Rex Lake cobalt deposit 20 kilometres west. The common shares are being issued in lieu of the payment of $12,000 cash required under the terms of the original option agreement. Pursuant to the terms of the option, the company has until Sept. 4, 2020, to make a final payment of $20,000 to acquire the mineral claims. It is anticipated that the cash saved by issuing the common shares will be used to do geological and assessment work on the claims.

© 2020 Canjex Publishing Ltd. All rights reserved.