Brief: Copper Lake to buy 31.25 pct stake in Marshall Lake property for $2.1 mln

Copper Lake Resources

05/05/2016 22:38

May 5 (Reuters) - Copper Lake Resources Ltd  CPL.V  
    * Copper lake announces agreement to acquire additional 
interest in Marshall Lake property 
    * Reached agreement to acquire 31.25% interest in Marshall 
Lake property currently held by Marshall Lake Mining Limited 
    * Mlmp to be entitled to nominate 2 individuals for election 
to co's board of directors, which will be expanded to 5 
directors 
    * Total consideration is valued at $2.1 million 
 
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