Right on Schedule This is a major accomplishment, right on schedule for the first year of work. One of its' former press releases talks of completing the total commitment by years end.
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Sanatana makes first-year payment on Watershed
Ticker Symbol: C:STA
Sanatana makes first-year payment on Watershed
Sanatana Resources Inc (C:STA)
Shares Issued 87,189,953
Last Close 3/9/2012
.27
Tuesday March 13 2012 - News Release
Mr. Peter Miles reports
SANATANA COMPLETES FIRST YEAR OPTION PAYMENT ON WATERSHED PROPERTY
Sanatana Resources Inc. has made the first-year option payment to Trelawney Augen Acquisition Corp. in connection with the option and joint venture agreement on the Watershed property. The option payment consisted of the issuance of 1.5 million common shares in the capital of Sanatana and completion by Sanatana of not less than $1-million in exploration expenditures on the Watershed property. The common shares have a hold period expiring on July 7, 2012, as required by applicable securities law.
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