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    Grizzly Discoveries Purchases Sidley-Dayton Gold Property

    Investing News Network
    May. 15, 2012 08:00AM PST
    Gold Investing

    Grizzly Discoveries Inc.(TSXV:GZD) announced that it has exercised its option to purchase the Sidley-Dayton Gold property. The purchase is a result of the option agreement signed in February 2009 with Mineworks Ventures Inc.

    Grizzly Discoveries Inc.(TSXV:GZD) announced that it has exercised its option to purchase the Sidley-Dayton Gold property. The purchase is a result of the option agreement signed in February 2009 with Mineworks Ventures Inc.

    As quoted in the press release:

    Pursuant to the Option Agreement, Grizzly has issued an additional 250,000 common shares of the Company (“Common Shares”) to Mineworks at a deemed issue price of $0.28 per Common Share, for an aggregate of 450,000 common shares issued to Mineworks pursuant to the Option Agreement.

    Click here to read the Grizzly Discoveries Inc. (TSXV:GZD) press release

    See this press release on Marketwire
    Click here to see the Grizzly Discoveries Inc. (TSXV:GZD) profile

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