VENERABLE VENTURES LTD ("VLV")
BULLETIN TYPE: Property-Asset or Share Purchase Agreement
BULLETIN DATE: August 31, 2016
TSX Venture Tier 2 Company
TSX Venture Exchange Inc. (the "Exchange") has accepted for filing documentation in connection with a Grubstaking Agreement between Venerable Ventures Ltd. ("Venerable") and Landmark Geological Inc. ("Landmark") dated May 8, 2016 pursuant to which Landmark has granted Venerable an option (the "Option") to acquire a 100% interest in the Tub Creek Property located southwest of Quesnel, British Columbia. In order to exercise the Option, Venerable must issue 200,000 shares to Landmark and pay $20,000 should a drill program be initiated on the Tub Creek Property while Venerable retains an interest in the Tub Creek Property. Venerable must pay an additional $50,000 to Landmark if the exploration expenditures incurred by Venerable on the Tub Creek Property exceed $1,000,000.
Insider / Pro Group Participation: Landmark is an insider of Venerable.
For additional information please refer to Venerable's news release dated July 26, 2016.
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