GOLDON RESOURCES LTD. ("GLD")
BULLETIN TYPE: Property-Asset or Share Purchase Agreement
BULLETIN DATE: February 12, 2014
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing an option agreement dated February 3, 2014 (the 'Agreement') between the Company and Jerrold Williamson (the 'Optionor'). Pursuant to the terms of the Agreement, the Company may acquire a 100% interest in the Slate Falls Property in north-western Ontario (the 'Property'). By way of consideration, the Company will make cash payments totalling $126,000 over a four-year period and will issue 600,000 shares in stages over two years at a deemed price of $0.05 per share. The Property is subject to a 2% NSR is favour of the Optionor, of which the Company may repurchase 1% for $1,000,000.
Please refer to the Company's news release of February 4, 2014 for further details.
________________________________________
|
|
