VULCAN MINERALS INC. ("VUL")
BULLETIN TYPE: Property-Asset or Share Purchase Agreement
BULLETIN DATE: March 28, 2013
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation pursuant to a Purchase and Sale Agreement dated February 14, 2013 (the "Agreement") between the Company and Nortec Minerals Corp. (the "Vendor") whereby the Company will acquire a 51% interest in the Tasisuak Lake Nickel/Copper/PGE property in northern Labrador (the "Property") from the Vendor. In consideration, the Company will pay the Vendor 1,000,000 common shares at a deemed price of $0.06 per share.
The Vendor will retain a 1% Net Smelter Return Royalty subject to certain buyout provisions.
Insider / Pro Group Participation: None
For further information please refer to the Company's press release dated February 14, 2013.
________________________________________
|
|
