Everton closes on Lithium Property..... Everton Resources property agreement
Everton Resources Inc (2) (C:EVR)
Shares Issued 61,368,345
Last Close 6/28/2016 $0.06
Tuesday June 28 2016 - Property Agreement
The TSX Venture Exchange has accepted for filing documentation pertaining to an arm's-length option agreement dated April 26, 2016, pursuant to which Everton Resources Inc. has an option to acquire a 100-per-cent interest in four mining claims located in the Thunder Bay mining division in Ontario, in consideration of an aggregate issuance of two million common shares of Everton over a two-year period.
The vendor will receive a 2-per-cent net smelter return (NSR) royalty, 50 per cent of which can be purchased by Everton for $1-million.
For further details, please refer to the company's news release dated May 17, 2016.
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