Cooper Minerals Inc V.CQ

5 Days from the Bulletin

[DriveKiller]

Will be interesting to see if Mr. Tam managed to get things in order for certain deadlines that expired yesterday.

Under the agreement, in order to exercise the option the company must:

1. Pay to the optionor $500,000 (U.S.) as to $100,000 (U.S.) on execution of the agreement and as to $400,000 (U.S.) within five business days of the date of this bulletin;
2. Incur expenditures on the property in the total amount of $2-million (U.S.), as to $500,000 (U.S.) on or before the first anniversary of the date of this bulletin; as to $500,000 (U.S.) on or before the second anniversary of the date of this bulletin; and as to $1-million (U.S.) on or before the third anniversary of the date of this bulletin;
3. Issue four million common shares in the capital of the company within five business days of the date of this bulletin.