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Mali |
Legend Gold property agreements with Corado, Etruscan
2013-09-09 16:48 ET - Property Agreement
The TSX Venture Exchange has accepted for filing the documentation relating to the following arm's-length acquisitions:
- The acquisition of all the issued and outstanding securities of Corado Resources Corp., which owns 100 per cent of African Holding (BVI), 100 per cent of Sanu Resources (BVI), 100 per cent of Seka (BVI) and 100 per cent of Sanu Resources (Congo), in consideration of the issuance of 6,757,797 postconsolidated shares of the company and the issuance of 1,857,796 replacement warrants of the company, of which 1,517,796 warrants have an exercise price of 50 cents per postconsolidated shares until April 4, 2014, and 340,000 warrants have an exercise price of 56 cents per postconsolidated shares until April 5, 2018;
- The acquisition of all issued and outstanding securities of Etruscan Resources Cayman Mali Ltd., Etruscan Mali SARL and Etruscan Mali SARL, in consideration of a cash payment of $750,000 and the issuance of 10 million postconsolidated shares of the company, of which five million shares have been issued at the closing of the acquisition and five million shares are reserved for issuance until completion of the registration process of the Diba permits, as confirmed by a favourable title opinion.
Corado Resources owns the Kingouala and Reneville exploration permits located in the Republic of Congo.
The Etruscan companies own 10 exploration permits, including the Diba permit and the Badiazila permit, and one permit application in exploration-stage properties located in Mali.
Please refer to the company's news releases dated May 15, 2013, and Sept. 5, 2013
Legend Gold is a mineral exploration and development company focused on exploring for gold in the Republic
Of Mali, West Africa. Legend Gold�s five main projects are the Lakanfla, Mougnina, Tiekoumala, Kata, and
Mogoyafara projects. In recent years, Legend Gold has made significant gold discoveries on the Tiekoumala
project located in Southern Mali, and the Lakanfla project located in Western Mali. Please visit Legend Gold�s
website www.legendgold.com to view project details.
FOR FURTHER INFORMATION PLEASE CONTACT:
Douglas Perkins, President and Chief Executive Officer
Email: dperkins@legendgold.com
Telephone: 514 806 6788
OR
MI3 Communications Financieres Inc.
Mario Drolet
514 904-1333
mario@mi3.ca
This press release has been prepared by Legend Gold Corp. Neither the TSX Venture Exchange nor its Regulation Service Provider (as that term is de?ned in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release
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New World Resource Corp.
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CODE : NW.V |
ISIN : CA6492971081 |
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ProfilIndicateurs de MarchéVALEUR : Projets & res.Communiqués de PresseRapport annuelRISQUE : Profile actifsContactez la cie |
New World Res. est une société d’exploration minière d'or et de cuivre basée au Canada. New World Res. détient divers projets d'exploration en USA et en Bolivie. Ses principaux projets en exploration sont LONG VALLEY PROJECT en USA et PASTOS GRANDES et LIPENA en Bolivie. New World Res. est cotée au Canada et aux Etats-Unis D'Amerique. Sa capitalisation boursière aujourd'hui est 2,7 millions CA$ (2,0 millions US$, 1,8 millions €). La valeur de son action a atteint son plus haut niveau récent le 11 février 2011 à 3,30 CA$, et son plus bas niveau récent le 06 novembre 2015 à 0,01 CA$. New World Res. possède 13 299 045 actions en circulation. |