RE:RE:TSX Venture Exchange Stock Maintenance Bulletins/ AE AMONGST They are just ratifying the deal they made with their sister company, the deal AE and ORX had from Oct 13 news release..
OREFINDERS RESOURCES INC. ("ORX")
BULLETIN TYPE: Property-Asset or Share Purchase Agreement
BULLETIN DATE: January 4, 2023
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to the non-arm's length acquisition of 20% working interest in the NAK Copper-Gold Porphyry project (the "Interest"), consisting of 5 mineral claims located northeast of Smithers, British Columbia for consideration of $1,000,000 in work obligations (includes 5% management fee to the vendor). The Interest is subject to a 2% net smelter royalty, of which 1% can be bought back for $1,500,000. The Interest is also subject to a 1% net smelter royalty, of which 0.5% can be bought back for $1,000,000.
| | CASH ($) | SECURITIES | WORK EXPENDITURES (S) |
| CONSIDERATION | N/A | N/A | $1,000,000 |
For further details, please refer to the Company's news release dated October 13, 2022 and December 30, 2022.
tannin wrote: Seems like very expensive exploration money....or am I missing something here