C2C Gold Announces Property Purchase Agreement With Engineer Gold Mines Ltd.
03 Diciembre 2020 - 7:00AM
C2C GOLD CORP. (CSE: CTOC; OTCQB:
TAKUF) (formerly Taku Gold Corp.) is pleased to announce
that it has entered into a final purchase agreement with Engineer
Gold Mines Ltd. (“
Engineer”) pursuant to which C2C
Gold has agreed to sell its interest in the Tag property, in
British Columbia, to Engineer in consideration for:
- Payment of
$100,000 on or before July 31, 2020 which receipt has been
acknowledged;
- Payment of
$100,000 on or before February 26, 2021;
- Issuance of
2,000,000 common shares of Engineer within five days of TSX Venture
Exchange (“TSXV”) approval; and
- Payment of 1%
net smelter return royalty on the property.
The closing of the
Acquisition is subject to the approval of TSX Venture Exchange.
About C2C Gold
Corp.
C2C Gold Corp is a Canadian mineral exploration
company focused on the acquisition and development of mineral
projects in Newfoundland, Canada. The Company holds the Millertown,
Badger and Barren Lake projects, which cumulatively cover an area
of 493 km² with road access and proximity to communities and power
lines. All projects lie with the Central Newfoundland Gold Belt and
provide a large land position in a top mineral exploration
jurisdiction. Mineral development in Newfoundland has advanced
significantly with increased exploration and development activities
throughout the province. C2C also holds one of the largest land
packages, with several prominent projects, within the prolific
White Gold and Klondike districts in Canada’s Yukon.
For additional information:Lori
Walton, Chief Executive Officer(604)757-7180info@c2cgold.com
www.c2cgold.com
Neither the Canadian Securities Exchange nor its
Market Regulator (as that term is defined in policies of the
Canadian Securities Exchange) accepts responsibility for the
adequacy or accuracy of this release.
C2C Metals (CSE:CTOC)
Gráfica de Acción Histórica
De Nov 2024 a Dic 2024
C2C Metals (CSE:CTOC)
Gráfica de Acción Histórica
De Dic 2023 a Dic 2024
Real-Time news about C2C Metals Corp (Canadian Securities Exchange): 0 recent articles
Más de Artículos de Noticias