Property AgreementNo one posted this?
CANADIAN INTERNATIONAL MINERALS INC. ("CIN")
BULLETIN TYPE: Property-Asset or Share Purchase Agreements
BULLETIN DATE: December 8, 2010
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to
the following:
1. An Option Agreement dated November 22, 2010 between Rudolf Wahl and Mike
Dorval (the "Optionors") and the Company whereby the Company has been
granted an option to acquire 218 mineral claims located in the Killala
Lake and Cairngorm Lake Townships, Thunder Bay Mining Division, Ontario.
Consideration is $115,050, 3,100,000 common shares and $380,000 in
exploration expenditures over a five year period. The Optionors will
hold a 3% NSR, half of which can be purchased by the Company for
$1,500,000 subject to further Exchange review and acceptance.
2. An Option Agreement dated November 22, 2010 between Rudolf Wahl, Leonard
Windover, Darren Hutchinson, and Ryan Harasym (the "Optionors") and the
Company whereby the Company has been granted an option to acquire 37
mineral claims located in the Killala Lake Township, Thunder Bay Mining
Division, Ontario. Consideration is $142,000, 2,240,000 common shares
and $250,000 in exploration expenditures over a five year period. The
Optionors will hold a 3% NSR, half of which can be purchased by the
Company for $1,500,000 subject to further Exchange review and
acceptance.