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ROYAL SAPPHIRE CORP V.RSL

"Royal Sapphire Corp is a Canada-based company which is engaged in the business of acquiring and exploring mineral property assets. The company holds the majority of its interest in Lorn Block property which comprises of over eight contiguous claims and is located at the Clinton and Lillooet mining division of British Columbia."


TSXV:RSL - Post by User

Post by sueronon Jan 08, 2018 9:26pm
163 Views
Post# 27309809

MUST BE A GOOD PROPERITY????

MUST BE A GOOD PROPERITY????Under the terms of the Beardmore option agreement, Royal Sapphire can acquire 70 per cent by issuing one million common shares, and by paying $250,000 cash and conducting $500,000 in exploration over the next three years. The property is subject to a 2-per-cent net smelter royalty. The option agreement is subject to Royal Sapphire providing exploration funding of $150,000 by Feb 22, 2018.

Wow $250,000 for what???

Ron
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