Zadar Ventures Completes Purchase of 100% Interest in the Highrock and Riverlake Uranium Projects

Energy Investing

Zadar Ventures Ltd. (TSXV:ZAD,FWB:ZAV) purchased a 100% interest in the Highrock and Riverlake Uranium projects, and has executed a definitive Purchase and Sales agreement with Canterra Minerals Corporation, Triex Minerals Corp., and African Oil Corp.

As quoted in the press release:

Under the terms of the agreement the Company will issue 330,000 common shares (160,000to Canterra and 170,000 to African Oil Corp.). Canterra will also retain a 2% NSR on the projects with a buyback of 1% for $1 million.

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

Click here to see the Zadar Ventures Ltd. (TSXV:ZAD,FWB:ZAV) profile.