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Leeward Capital Acquires Remaining 15% Interest in Pistol Lake

Investing News Network
Mar. 09, 2012 09:33AM PST
Industrial Metals Investing

Leeward Capital (TSXV:LWC) has acquired the remaining 15% interest in the Pistol Lake leases from the estate of Fred T. Lewicki, in consideration of the payment of $150,000 and the issuance of 1,000,000 shares.

Leeward Capital (TSXV:LWC) has acquired the remaining 15% interest in the Pistol Lake leases from the estate of Fred T. Lewicki, in consideration of the payment of $150,000 and the issuance of 1,000,000 shares.

As quoted in the press release:

Leeward Capital reports that it has consolidated its interest in Pistol Lake with the acquisition of the remaining 15% interest in the Pistol Lake leases. Subject to exchange approval, the remaining 15% was acquired from the estate of Fred T. Lewicki in consideration of the payment of $150,000 and the issuance of 1,000,000 shares in the capital stock of Leeward Capital. At the end of this consolidation of interests in Pistol Lake, Leeward will have a 100% undivided interest in the property.

Click here to read the Leeward Capital (TSXV:LWC) press release

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