Zadar Ventures Acquires 100% Interest in Upper Poulton Lake Uranium Project

Zadar Ventures Ltd (TSXV:ZAD) announced that it entered into an agreement to acquire 100% interest in the 6,745-acre Upper Poulton Lake Uranium Project, in the Athabasca Basin.

As quoted in the press release:

The company will pay $100,000 cash, issue 900,000 shares and commit to spend $2 million on exploration over 4 yrs. This acquisition is subject to TSX Venture approval. There will be a finder’s fee payable in accordance to TSX Venture guide lines.

Click here to read the full Zadar Ventures Ltd (TSXV:ZAD) press release.