news"Today the Company closed on the acquisition of an Ontario mining lease for $150,000 in cash consideration and should a feasibility study compliant with National Instrument 43-101 Standard of Disclosure for Mineral Projects be filed, the Company will subsequently issue 1M shares and provide a 1% net smelter return royalty to the vendor. The Transaction constitutes an "Expedited Acquisition" in accordance with Policy 5.3 of the TSXV."
What does it mean ? A new project ? Waiting for an update.