Canasil Resources Inc V.CLZ.H

Alternate Symbol(s): CNSUF

Metals & Mining Industrial Metals & Minerals

Canasil Resources Inc. is a Canadian mineral exploration company with a portfolio of silver-gold-copper-lead-zinc exploration projects in Durango and Zacatecas States, Mexico, and in British Columbia, Canada. The Company's projects include La Esperanza, Salamandra, Sandra-Escobar, and other projects. The La Esperanza silver-zinc-lead project is located 100 kilometers (km) SSE of the city of Durango on the border between Durango and Zacatecas States. The Salamandra project is located 35 km north-east of the city of Durango in Durango State. The Sandra-Escobar project is located 200 km northwest of the city of Durango, Mexico. It has other claims located in Durango State, Mexico, which include the Colibri, Carina and Vizcaino projects. It also holds claims in British Columbia, Canada, which include the Brenda, Lil, Granite, and Vega projects. The Colibri project is located about 70 km SE of the city of Durango. The Carina project is located about 45 km NE of the City of Durango.

TSXV:CLZ.H - Post by User

Canasil Resources Inc

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Post by gubon Mar 04, 2011 10:55am

496 Views

Post# 18231822

Thats ambisious

What do you think people?

Each unit will consist of one common share of the Company and one-half of one share purchase warrant (a "Warrant"); each full Warrant will entitle the holder to purchase one common share of the Company at a price of
.70 within one year of closing. If, beginning six months following the closing of the private placement, the closing price of the Company's shares equals or exceeds $1.40 per share for a period of ten consecutive trading days, the Company will have the right to accelerate the expiry date of the Warrants by giving the Warrant-holders at least 30 days' written notice.

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Futures Flat Amid Key Data in Canada and US