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Full Metal Minerals Ltd V.FMM

Alternate Symbol(s): FLMTF

Metals & Mining Industrial Metals & Minerals

Full Metal Minerals Ltd. is a Canada-based exploration stage company. The Company is involved in the acquisition and exploration of mineral properties. The Company is in the process of seeking approval for a mineral property option for the Olivine Mountain property in the Similkameen Mining Division, British Columbia.

TSXV:FMM - Post by User

Full Metal Minerals Ltd

Bullboard Posts

Post by sweetsauceon Aug 21, 2008 12:23pm

670 Views

Post# 15401002

Nadaleen and Angie-Cat properties

Full Metal options Nadaleen, Angie-Cat Sexed projects

2008-08-20 17:00 ET - Property Agreement

The TSX Venture Exchange has accepted for filing two letter agreements dated March 9, 2008 (Nadaleen properties), and March 11, 2008 (Angie-Cat properties), between Full Metal Minerals Ltd. and Shawn Ryan, whereby the company has an option to acquire a 100-per-cent interest in each of the Nadaleen CRD (carbonate replacement deposits) and Angie-Cat Sexed projects in the Yukon Territory. In consideration, the company will pay $250,000 in cash ($50,000 in the first year), issue 385,000 common shares (50,000 shares in the first year) and incur $2.5-million in exploration expenditures ($250,000 in the first year) over four years under each agreement.