OTCPK:MEDVF - Post by User
Post by
Ride_The_Hype2on Feb 13, 2012 8:23am
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Post# 19524249
Copper One agreement for Queylus property
Copper One agreement for Queylus property 2012-02-08 21:26 ET - Property Agreement
Also Property Agreement (C-LO) Lounor Exploration Inc
The TSX Venture Exchange has accepted for filing a mineral property purchase and sale agreement dated Jan. 23, 2012, between Copper One Inc. and Lounor Exploration Inc., whereby Copper One has agreed to acquire 100 per cent of the Queylus copper-gold property located in the Queylus township, Quebec. In consideration, the company will pay $23,750 in cash and issue 475,000 common shares to Lounor. In connection with transaction, Copper One has entered into an agreement with Soquem Inc. whereby Soquem has agreed to renounce its right of first refusal over certain claims comprising the property in consideration for the company paying to Soquem $2,500 in cash and issuing 50,000 shares to Soquem.