Ditem Explorations Inc DTEMF

Ditem Explorations Inc. (Ditem) is a Canada-based exploration stage company. The Company has mineral properties in the provinces of Quebec and Saskatchewan. The Company is focused on the exploration and development of gold properties. The Company holds a 100% interest in the Otish Mountains property. The Company’s Lalande property is situated on the North Shore approximately 12 kilometers northwest of La Romaine. Ditem signed a letter of agreement with Golden Valley Mines granting to Ditem the option to hold over 66% interests in the Beartooth property. Ditem signed a letter of intent with an arm’s length third party to hold over 100% interests in the Bruell gold property in Vauquelin Township near Val-d’Or, Abitibi. Ditem Exporations signed an option purchase agreement for a 100% interest in three gold exploration properties (Detour Gold Trend property) in northwestern Quebec.

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Ditem Explorations Inc

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Comment by deepfried1on Dec 06, 2013 10:14am

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Post# 21978366

RE:If I'm to read between the lines correctly ?

The following is a quote from the NR. The vendos hold the NSR not Ditem. "Ditem will pay to two arm's length vendors a total of 12,000,000 shares, being 6,000,000 shares each. The vendors will also hold a total 2% NSR (1% each) on the properties subject to a 1% buy back for $1 M in favour Ditem."

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