Canyon Copper Closes Assignment Agreement with Metamin Enterprises Inc.

Canyon Copper Corp.(TSXV:CNC) announced the closing of an agreement with Metamin Enterprises Inc. to acquire the Moonlight Copper Porphyry Property.

As quoted in the press release:

As consideration for the assignment, Canyon paid USD $15,000 and issued 75,000 shares of Canyon to the Assignor and issued 75,000 shares of Canyon to the Optionor. In addition, Canyon will also reimburse the Assignor up to USD $100,000 in expenses incurred by the Assignor on the Moonlight Copper Porphyry Property.

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