The Conversation (0)
Cache Exploration Inc. (CVE:CAY) reports that it has completed the acquisition of 100% of the outstanding shares of Rockbridge Minerals Inc. (CVE:RBE).
The press release is quoted as saying:
The agreement provided for the payment of the $275,000 by the issue of 1,100,000 units of Cache to RRI. Each unit consisted of one common share of Cache plus one full common share purchase warrant exercisable for twenty-four months to June 15, 2013. The warrants are exercisable at $0.30 to June 15, 2012 and at $0.40 to June 15, 2013. The common shares issued are subject to a legend ranging from 0 days up to 270 days from June 15, 2011.