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Valterra Resource Corporation(TSXV:VQA) announced earning 100% interest in the Swift Katie property after closing an option agreement with private vendors. The Company also provided updates on the Rozan Property. Valterra have decided to terminate the option agreement with Emgold Mining Corporation on the Rozan Property.
As quoted in the press release:
Pursuant to an option agreement with private vendors, Valterra was required to pay an aggregate $205,000 cash, incur exploration expenditures totaling $1,300,000, and issue an aggregate 1,090,000 common shares over a five year period in order to acquire a 100% interest in the Swift Katie property.
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