ML GOLD CORP. ("MLG")
BULLETIN TYPE: Property-Asset or Share Purchase Agreement
BULLETIN DATE: February 2, 2017
TSX Venture Tier 2 Company
TSX Venture Exchange Inc. (the "Exchange") has accepted for filing documentation in connection with a purchase and sale agreement (the "Agreement") between ML Gold Corp. ("ML") and Sunrise Drilling Ltd. ("Sunrise") pursuant to which ML has agreed to purchase a 90% interest in the Aspen Gold Property located in central British Columbia which comprises 12 mineral claims covering an area of 5,537 hectares. The purchase price under the Agreement is $100,000 with Sunrise retaining a 10% interest in the Aspen Gold Property. The 10% interest is carried to the point at which a bankable feasibility study, if any, is completed. Upon completion of a bankable feasibility study, ML and Sunrise have agreed to enter into a joint venture agreement. There are no royalties on the Aspen Gold Property.
For additional information please refer to ML's news release dated July 6, 2016.
Insider / Pro Group Participation: Andrew Bowering and Graham Harris are directors of ML and Sunrise.
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