MONUMENT MINING LIMITED ("MMY")
BULLETIN TYPE: Property-Asset or Share Purchase Agreement
BULLETIN DATE: February 5, 2014
TSX Venture Tier 1 Company
TSX Venture Exchange has accepted for filing a Purchase and Profit-Sharing Agreement dated January 29, 2014 between Monument Mining Limited (the Company), Monument Mengapur SDN. BHD (a wholly owned subsidiary of the Company), Cermat aman SDN. BHD. (a wholly owned subsidiary of Monument Mengapur) and Diamond-Hard Mining SDN. BHD. and Malaco Mining SDN. BHD.(the Vendors) whereby the Company has been granted the right to purchase stockpiled surface magnetite oxide soils and to participate in a profit sharing arrangement on Area C oxide magnetite material with the Vendors. Consideration is 20,000,000 common shares of the Company for the stockpiled magnetite oxide materials, 5,000,000 common shares for the Area C Profit Sharing Agreement and to provide all capital and/or funding for the entire development and capital costs for the purpose of extracting and processing the oxide magnetite materials from Area C to marketable grade magnetite. For more information please see the Company's news releases dated January 29, 2014 and February 4, 2014.
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