Callinan Royalties Corporation CCNMF

RE: Property agreement

[investor40]

Longshotsb: Here is the press release.

Regards
Investor40




Press Release    

Property-Asset or Share Purchase Agreement --->@NEWS RELEASE

CALLINAN MINES LIMITED ("CAA")

- Property-Asset or Share Purchase Agreement

TSX Venture Tier 1 Company

 

TSX Venture Exchange has accepted for filing an Option Agreement dated

November 1, 2009 between the Company and Ken de Graff whereby the Company

has been granted an option to acquire a 100% interest in and to the Jean

Lake Claims and the Watts River Claims located near Snow Lake area,

Manitoba. Consideration is$100,000 and 100,000 common shares payable over

a three year period. The claims are subject to a 2% net smelter return

royalty of which half (1%) may be purchased by the Company for $1,000,000

subject to further Exchange review and acceptance.

 

TSX-X

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Capitalization Report for Callinan Mines Ltd

Shares Issued: 44592116

Shares Escrow: 0

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(c)2009 Market News Publishing Inc.  All rights reserved.

Toronto:[phone]   Vancouver:[phone]   Fax:[phone]

 

0932900056TS10932900746-13411920091126

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