By ruzik_tuzik on 2007-12-28 
TSX Venture Exchange has accepted for filing the documentation relating to a Purchase Agreement dated October 12, 2007 between the Company and IAMGOLD-Québec Management Inc., whereby the Company is acquiring a 100% of the Vendor's interests in 33 claims located near Val D'Or, in the Province of Québec.
The Company is required to issue a total of 250,000 common shares upon signing the agreement.
The Vendor shall retain a 2% Net Smelter Royalty in the property, half of which (1%) may be redeemable by the Company at any time for $1,000,000. -- www.cnxmarketlink.com
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