Silver Grail Resources Ltd V.SVG

Alternate Symbol(s): SVGAF

Metals & Mining Industrial Metals & Minerals

Silver Grail Resources Ltd. is an exploration stage company and is in the business of acquiring, exploring, and dealing in mineral properties in the province of British Columbia (BC), Canada. The Company jointly conducts business and exploration activities with another company, Teuton Resources Corp. (Teuton). Its properties include Clone Property, Konkin Silver Property, Midas Property, Tonga-Fiji Property, Roman Property and others. Its royalty properties include Bay Silver Property, Mt. Boy Property, Ram Property, and others. The Company also has joint ownership with Teuton in various other properties. The Clone property is located about 16 kilometers (km) southeast of Stewart, BC. The Konkin Silver property is located about 29 km east of Stewart, BC. The Midas claims are situated 28 km east of Stewart, BC, and adjoin the Konkin Silver property to the north, and the Del Norte property of Teuton to the south. The Tonga-Fiji property is situated about 24 km north of Alice Arm, BC.

TSXV:SVG - Post by User

Silver Grail Resources Ltd

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Comment by siIverBullon Sep 22, 2009 10:23am

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Post# 16327012

RE: Up 25%! Just the beginning!

Canasia can earn a 50% interest in the property from joint owners Silver Grail and Teuton by expending $1.8 million over five years.

so Canasia can earn a 50% interest , then Silver Grail and Teuton each 25%.

the share structure of SVG as follows, therefore great results could impact SVG immense..

Share Structure
As of June 01, 2009
Shares Currently Outstanding	16,574,622
Outstanding Warrants	1,100,000
Outstanding Stock Options	970,000
Fully Diluted Number of Shares	18,644,622