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Creso Announces Acquisition of Past Producing Mann Silver Mine, Milner Township, Ontario
Sep. 01, 2011 02:58PM PST
Silver InvestingCreso Exploration Inc. (CVE:CXT,FRA:C3X,OTC:CRXEF) announced it has acquired an option for the Mann Silver Mine in Ontario.
Creso Exploration Inc. (TSXV:CXT,FRA:C3X,OTC:CRXEF) announced it has acquired an option for the Mann Silver Mine in Ontario.
The press release is quoted as saying:
The Purchase Option Agreement provides for the payment by the Corporation of $50,000 cash and the issuance of 500,000 common shares of the Corporation and a further payment of $50,000 cash and issuance of an additional 500,000 common shares six months later.