Fokus Mining Corp V.FKM

Alternate Symbol(s): FKMCF

Metals & Mining Industrial Metals & Minerals

Fokus Mining Corporation is a Canada-based mineral resource company. The Company is in the business of acquiring, exploring and developing mining properties and it holds interests in properties at the exploration stage located in Canada. The Company’s Galloway Gold Project is located along the Cadillac-Larder Lake Fault. The Galloway project consists of three mining concessions and 95 claims covering a total area of 2,668 hectares. Galloway property is less than 30 kilometers (km) west of the Rouyn Noranda mining district and is accessible via Trans-Canada Highway 117. The Galloway property is the result of the amalgamation of the Hurd, Ogima Nord, Renault Bay, Sandborn, Perron, Cadillac, Francoeur and Lac Fortune claims blocks. Together, they cover a 3 km wide corridor of gold bearing structures over a total length of 10 km along the Larder-Lake-Cadillac Break (LLCB).

TSXV:FKM - Post by User

Fokus Mining Corp

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Post by Power1on Feb 25, 2013 8:59pm

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Post# 21040939

Just Wanted to Share This

This from the latest MD&A's that Martin and Sylvain are common on!

Releated Party Transactions
	XT	FLX	VGD	Quarter Total	Annualized
Management Fees			$ 21,000.00	$ 21,000.00	$ 84,000.00
Consulting Fees	$ 18,000.00	$ 25,000.00	$ 43,320.00	$ 86,320.00	$ 345,280.00
Lease	$ 6,000.00	$ 4,500.00	$ 4,500.00	$ 15,000.00	$ 60,000.00
Administrative Consulting Fees	$ 31,080.00			$ 31,080.00	$ 124,320.00
Quarter	$ 55,080.00	$ 29,500.00	$ 47,820.00	$ 132,400.00

Annualized	$ 220,320.00	$ 118,000.00	$ 191,280.00	$ 529,600.00