KIVALLIQ ENERGY CORP. ("KIV")
BULLETIN TYPE: Property-Asset or Share Purchase Agreement
BULLETIN DATE: October 25, 2013
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing a letter agreement dated October 10, 2013 (the 'Agreement') between the Company and Pacific Ridge Exploration Ltd. (the 'Vendor'). Pursuant to the terms of the Agreement, the Company will acquire a 100% non-diamond ownership interest in the Baker Uranium Property in Nunavut Territory (the 'Property'). By way of consideration, the Company will make cash payments totalling $55,000 and will issue 600,000 shares. The Company also intends to participate in a private placement offered by the Vendor, by way of a $70,000 subscription.
Please refer to the Company's news release dated October 15, 2013 for further details.
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