This item is part of Stockwatch's value added news feed and is only available to Stockwatch subscribers.Here is a sample of this item:Full Metal amends OG agreement, appoints directors 2009-11-12 13:56 ET - News Release Mr. Michael Williams reports FULL METAL AMENDS OG PROPERTY AGREEMENT AND ISSUES OPTIONS
Full Metal Minerals Ltd. has amended the agreement on the OG zinc-lead-silver property in Yukon.
Full Metal Minerals and Shawn Ryan entered into a letter agreement dated May 10, 2007, for the OG property (see Full Metal news release in Stockwatch dated May 29, 2007). The parties hereby amend the 2007 agreement as follows, subject to the approval of the TSX Venture Exchange. The total cash consideration will remain the same, however, decreased by $100,000 for the year 2009, and increased by $50,000 in each of the years 2010 and 2011. The total number of common shares of Full Metal required to be issued under the agreement will be increased by 30,000 common shares, such shares to be issued for the 2009 year.
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