RE: new property?No Forest this is not a new acquisition. It is an announcement of the old property agreement with Teuton for the Del Norte gold-and-silver property. Here it is.
Stockwatch News Item
Lateegra Resources Corp (C-LEG) - Property Agreement
Lateegra acquires option for B.C. property interest
Lateegra Resources Corp LEG
Shares issued 10,369,308 Oct 16 2003 close $ 0.37
Friday October 17 2003 Property Agreement
Also Teuton Resources Corp (C-TUO) Property Agreement
The TSX Venture Exchange has accepted for filing a property option agreement dated Aug. 21, 2003, and amended on Oct. 6, 2003, between Lateegra Resources Corp. and Teuton Resources Corp., whereby the company has the option to earn up to a 50-per-cent interest in the Del Norte gold-and-silver property, situated in the Stewart mining camp of northwestern British Columbia.
In consideration, the company will make staged cash payments totalling $200,000 ($20,000 on or before June 1, 2004), issue 100,000 common shares within 30 days of the signing of the agreement and undertake exploration expenditures of $2.5-million ($350,000 by Dec. 31, 2003) over the five-year term of the option.
A finder's fee of 100,000 common shares will be paid to Stan Szary.
(c) Copyright 2003 Canjex Publishing Ltd. https://www.stockwatch.com
old url (better for printing)