NIKOS EXPLORATIONS LTD. ("NIK")
BULLETIN TYPE: Property-Asset or Share Purchase Agreement
BULLETIN DATE: July 3, 2014
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing a Property Option Agreement dated May 13, 2014 between Nikos Explorations Ltd. (the 'Company') and Michael Tremblay, Randall Sallo and Jacques Robert (the 'Vendors') whereby the Company has been granted an option to acquire a 100% interest in six claims located in McNaught Township, District of Sudbury, Ontario. Consideration is $81,000 cash and 510,000 common shares within a three-year period. Further, upon receipt of a NI43-101 compliant report showing an indicated resource of 1,000,000 ounces of gold, the Company will pay the Vendor $600,000 cash. The Vendors retain a 2% NSR, with the Company having the right to purchase one half of (or 1% NSR) for $1,000,000 cash.
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