MAJESCOR RESOURCES INC. ("MJX")
BULLETIN TYPE: Property-Asset or Share Purchase Agreement
BULLETIN DATE: May 12, 2017
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation relating to an Asset Purchase Agreement (the "Agreement") dated March 13, 2017 between Majescor Resources Inc. (the "Company") and an arm's length party (the "Vendor"). Pursuant to the Agreement, the Company shall acquire certain mining assets, which consists of the Vendor's mining claims (370 total claims located in Quebec), royalty agreements and CARDS technology system.
In consideration, the Company shall issue an aggregate of 8,000,000 common shares to the Vendor.
For more information, refer to the Company's news releases dated March 15, 2017.
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