Canamex Issues Shares to GMV Minerals for Aranka North Property JV

Canamex Resources Corp. (TSXV:CSQ,OTCQX:CNMXF,FWB:CX6) issued a total of 1,000,000 common shares to GMV Minerals Inc. for the Aranka North property Option and Joint Venture Agreement.

As quoted in the press release:

Canamex, through its wholly-owned subsidiary Canamex Guyana Inc., was granted an option to acquire up to a 100% interest in the Aranka North property by making cash payments to GMV totaling US$520,628, expending US$1,000,000 in exploration work on the property before December 31, 2013 (the Company expended over US$1 million, so the expenditure obligation has been met), and issuing a total of 3,750,000 shares to GMV, all of which have now been issued. The Company now owns 100% interest in the Aranka North property.

Click here to read the Canamex Resources Corp. (TSXV:CSQ,OTCQX:CNMXF) press release
Click here to see the Canamex Resources Corp. (TSXV:CSQ,OTCQX:CNMXF) profile.

Get the Latest Gold Investing Stock Information

Get the latest information about companies associated with Gold Investing delivered directly to your inbox.

Gold Mine Development
Gold Production/Mining
Gold Project Generators
Gold Prospecting and Exploration
Gold Resource Definition/Pre Feasibility
Gold Resource Expansion/Feasibility Study/PEA

By selecting company or companies above, you are giving consent to receive email from those companies. And remember you can unsubscribe at any time.

Otis-Gold-LogoOtis Gold Corp. (TSXV:OOO) is a near-term producer with an NI 43-101 resource 520,000 ounces of drill-indicated gold at its Kilgore Project in Idaho. Work is scheduled to begin soon at the North Target area of the Kilgore Gold Project. Connect with Otis Gold Corp and never miss a catalyst.

Leave a Reply