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Zadar Ventures Completes Purchase of 100% Interest in the Highrock and Riverlake Uranium Projects
Nov. 20, 2013 11:31AM PST
Company NewsZadar 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.
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.
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