NewsNanika Resources B.C. property agreement
2009-11-19 20:50 ET - Property Agreement
The TSX Venture Exchange has accepted for filing documentation pursuant to a purchase agreement between Nanika Resources Inc. and an arm's-length party. Pursuant to the terms of the agreement, the company will purchase 100-per-cent interest in 13 mineral claims located near Stewart, B.C. In consideration, the company will pay $60,000 cash and issue 200,000 common shares at a deemed price of seven cents per share.