KESSELRUN RESOURCES LTD. ("KES")
BULLETIN TYPE: Property-Asset or Share Purchase Agreement
BULLETIN DATE: September 22, 2023
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation of a Purchase Agreement (the "Agreement") dated August 23, 2023, between the two arm's length parties (the "Vendor") and Kesselrun Resources Ltd ("the Company"). Pursuant to the Agreement, the Company has the option to acquire 100 % of the owner's right, title and interest into the property on the Bluffpoint gold project consist of four mineral claims located in Northwestern Ontario.
As consideration, the Company has agreed to make a cash payment of $6,000 and issue 400,000 common shares at closing.
In addition, the vendor has a 1% royalty with a $500,000 buy-down Option to eliminate the 0.5% royalty.
For further details, please refer to the Company's news release dated September 13, 2023.
_________________________________________
|
|
