Aben Resources agreement for Pringle North property
2021-07-09 17:57 ET – Property Agreement
The TSX Venture Exchange has accepted for filing an option agreement dated July 5, 2021, between 1544230 Ontario Inc. (Perry English/Julia English), Gravel Ridge Resources Ltd. (Michael Frymire/Pamela Misener) and the company, whereby the company has been granted an option to acquire a 100-per-cent interest in the Pringle North gold project, located in the Red Lake mining district of Northwestern Ontario. Consideration is $97,000 and 320,000 common shares, payable over a three-year period. The vendors shall retain a 1.5-pepr-cent net smelter return (NSR) return, of which the company may purchase 0.5 per cent at any time for $600,000 subject to further exchange review and acceptance.
https://www.abenresources.com/
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