GREY:SGGDF - Post by User
Post by
xyz_trader1on Oct 30, 2007 6:33am
![](https://assets.stockhouse.com/kentico-cms/0341-00/images/Sprite.svg#id_Post_Views_Icon)
363 Views
Post# 13715082
KXL news
KXL newsKodiak Exploration Maki property agreement
2007-10-29 17:14 ET - Property Agreement
The TSX Venture Exchange has accepted for filing an option agreement dated Oct. 22, 2007, between Kodiak Exploration Ltd., and Neil R. Maki, Aili M. Maki, Mark Maki and Sandra Moore, whereby the company will acquire a 100-per-cent interest in 22 minerals claims known as the Maki property, located in the Beardmore-Geraldton area of Ontario.
Total consideration consists of $200,000 in cash payments and 5,000 shares of the company as follows.
Cash Shares
Within 10 days of exchange
acceptance $10,000 5,000
One year from acceptance $15,000 0
Two years from acceptance $20,000 0
Three years from acceptance $30,000 0
Four years from acceptance $50,000 0
Five years from acceptance $75,000 0
The remainder is available to Stockwatch subscribers.
If you would like to give the Stockwatch system a try, click here for a free 30 day trial subscription.