Zimtu to receive 2.87 million Pasinex shares for debt

May 30, 2014

ZIMTU CAPITAL CORP. INCREASES EQUITY POSITION IN PASINEX RESOURCES LIMITED THROUGH SETTLEMENT AGREEMENT Zimtu Capital Corp. has entered into an agreement with Pasinex Resources Ltd. to acquire 2,877,718 common shares in the capital stock of Pasinex in settlement of outstanding debt. Upon issuance of the shares, Zimtu’s equity position in Pasinex will increase to 11,620,360 (17 per cent). The company has agreed to settle $287,771.85 at a deemed price of 10 cents per common share. The...

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Skyharbour to acquire Way Lake, Yurchison Lake

May 30, 2014

SKYHARBOUR TO ACQUIRE 100% INTERESTS IN WAY LAKE AND YURCHISON LAKE URANIUM PROJECTS FROM DENISON MINES ON EASTERN FLANK OF ATHABASCA BASIN, SASKATCHEWAN Skyharbour Resources Ltd. has entered into a purchase agreement with Denison Mines Corp. whereby Skyharbour will acquire Denison’s 100-per-cent interests in the 90,892-hectare Way Lake uranium project as well as the 12,660-hectare Yurchison Lake project, both located on the eastern flank of the Athabasca basin, Saskatchewan. Under the...

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