Mr. Christopher Anderson reports
XIMEN MINING CORP. ANNOUNCES FINAL PAYMENT MADE ON NSR PURCHASE AGREEMENT BRETT GOLD EPITHERMAL PROJECT
Ximen Mining Corp. has further amended the terms pertaining to an agreement for the purchase of the net smelter return royalty from American CuMo Mining Corp. on certain mineral claims comprising the Brett gold property where the final payment of $930,000 due on or before Feb. 20, 2020, shall be reduced to $720,000 and paid by way of an issuance of 2.4 million common shares at the deemed price of 30 cents per common share. The foregoing payment shall complete the purchase of such net smelter royalty.
The foregoing is subject to approval from the TSX Venture Exchange.
About Ximen Mining Corp.
Ximen Mining owns a 100-per-cent interest in all three of its precious metal projects. Ximen's two gold projects, the Gold Drop project and the Brett gold project, are located in Southern British Columbia. Ximen also owns the Treasure Mountain silver project, which is adjacent to the past-producing Huldra silver mine.
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