Forum Uranium Corp. (TSXV:FDC) announced that the TSX Venture Exchange has accepted for filing a property purchase agreement under which it has acquired Anthem Resources Inc.’s (TSXV:AYN) 50-percent interest in the Karpinka property.
Karpinka is located south of the Key Lake mine in Saskatchewan’s Athabasca Basin.
As quoted in the press release:
Consideration is 10,000 common shares. The property is subject to a 1-per-cent net smelter return (NSR) to Anthem with a 0.5-per-cent buyback by the company for $1-million subject to further exchange review and acceptance.
|Anfield Resources Inc. (TSXV:ARY,OTCQB:ANLDF) is in the final stage of acquiring the Shootaring Canyon mill in Utah, one of only three licensed conventional mills in the U.S. Connect with ARY and don't miss an update on their mining claims and state leases in southeastern Utah, South Dakota and Arizona totalling over 65,500 acres.|