The TSX Venture Exchange has accepted for filing documentation in connection with an option agreement dated March 1, 2019, between the company and Kenneth Gin and Kirpaul Siddoo, whereby the company secured an option to acquire a 100-per-cent interest in the Dorothy project, located in the Stewart camp of British Columbia. Consideration is $120,000 cash and 800,000 common shares. The property is subject to a 2-per-cent net smelter return (NSR), of which the company will have the right to purchase 0.5 per cent of the NSR for $1-million, subject to further exchange review and acceptance.
Consideration: $120,000 cash, 800,000 shares and $500,000 in work expenditures
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