RE: More Castle Gold - News
Morgain Minerals acquiring Mexican concessions
2007-08-17 16:25 ET - Property Agreement
The TSX Venture Exchange has accepted for filing documentation in connection with a letter agreement dated Aug. 8, 2007, between the company and Jamie Muguiro Pena, pursuant to which the company has agreed to purchase certain mineral concessions and surface rights located in the Tamazula, Durango area, of Mexico.
Consideration payable is $300,000 (U.S.) in cash over two years and the issuance of one million common shares of the company upon closing of the transaction.
Insider/pro group participation: Not applicable