MINFOCUS EXPLORATION CORP. ("MFX")
BULLETIN TYPE: Property-Asset or Share Purchase Amending Agreement
BULLETIN DATE: October 31, 2016
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing two amending agreements dated February 11, 2015 and July 29, 2016 between Minfocus International Inc (the Company) and Canadian International Pharma Corp.(formerly Black Panther Mining Corp.), Rainy Mountain Royalty Corp. and White Metals Resources Corp. (collectively the Vendors) whereby the Vendors agreed to extend work commitment deadlines on the Seagull Property. Consideration for the first extension was 1,000,000 shares. Consideration for the second extension was 500,000 shares, with Company having an option to extend for a further year for either $30,000 cash or shares or a combination thereof. For additional information please see the Company's new releases dated April 16, 2015 and October 18, 2016.
Additionally, TSX Venture Exchange has accepted for filing an amending agreement dated February 10, 2014 between the Company and Kenneth Fenwick (Fenwick) whereby Fenwick has agreed to extend the time for completion of cash payments on the Chief Peter Property. Consideration was 400,000 shares if the cash payment was not made. Subsequently, the company did not make the cash payment and withdrew from the agreement. For additional information please see the Company's news release dated March 19, 2014.
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