TSX:LSG.DB - Post by User
Comment by
eyewatchjbon Aug 04, 2015 1:34pm
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Post# 23987562
RE:RE:mill city halted
RE:RE:mill city haltedCROXALL PROPERTY WORK COMMITMENT EXTENSION
JULY 16, 2014 – CALGARY, ALBERTA – MILL CITY GOLD CORP. (“Mill City” and/or the “Company”)(TSX-V: MC, FWB: NJ6) announced today that it has provided notice to Temex Resources Corp. (“Temex”) to extend for one year the time required to complete the Work Commitment as that terms is defined in the September 21, 2010 Letter Agreement between the Company and Temex. Pursuant to the Letter Agreement, Mill City is required to issue 125,000 common shares to Temex, such share issuance to be subject to the approval by the TSX Venture Exchange. Upon issuance of the 125,000 shares to Temex, the Company shall have until September 21, 2015 to complete the $750,000 Work Commitment.
For further information please contact James R. Brown at 403-640-0110 or visit the Company’s website at www.millcitygold.com
I see their option will be 09/21/2015 so they should have some shares in MC I don't think they will spend 750000 by then. I think MC price will rise from it's .15. This company has earnings must be looking to go public.
Eyewatch p.s. I own all three