TUDOR GOLD CORP. ("TUD")
BULLETIN TYPE: Property-Asset or Share Purchase Agreement
BULLETIN DATE: July 27, 2016
TSX Venture Tier 2 Company
Property-Asset or Share Purchase Agreement
TSX Venture Exchange Inc. (the "Exchange") has accepted for filing documentation pertaining to three (3) option agreements between Tudor Gold Corp. (the "Company") and Tudor Holdings Ltd. ("Tudor Holdings"), each dated May 24, 2016 (the "Agreements"). Pursuant to the Agreements, the Company has acquired the option to earn a 100% interest in the Fairweather, Delta and High North properties, all of which are located in British Columbia.
Fairweather Property
Consideration is as follows:
CASH SHARES
Closing $37,662 (paid) 250,000 (issued)
December 15, 2016 $40,000 50,000
December 15, 2017 $50,000 50,000
December 15, 2018 $60,000 50,000
December 15, 2019 $70,000 50,000
December 15, 2020 $100,000 250,000
Total $357,662 700,000
Delta Property
Consideration is as follows:
CASH
Closing $105,951
March 1, 2017 $100,000
March 1, 2018 $100,000
March 1, 2019 $100,000
March 1, 2020 $600,000
Total $1,005,951
High North Property
Consideration is as follows:
CASH
Closing $102,468 (paid)
March 1, 2017 $100,000
March 1, 2018 $100,000
March 1, 2019 $100,000
March 1, 2020 $600,000
Total $1,002,468
Insider / Pro Group Participation: Walter Storm is the controlling shareholder and President of the Company and Tudor Holdings.
For additional information please refer to the Company's news releases dated May 24, 2016 and July 22, 2016.
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