Brief: Tomagold Consolidates Its Position In The Monster Lake Property
Jan 11 (Reuters) - Tomagold Corp LOT.V :
* TOMAGOLD CONSOLIDATES ITS POSITION IN THE MONSTER LAKE
PROPERTY
* AGREEMENT WITH QUINTO RESOURCES TO ACQUIRE QUINTO'S 5%
INTEREST
IN MONSTER LAKE PROPERTY FOR A CASH PAYMENT OF $500,000
* FOLLOWING TRANSACTION, TOMAGOLD WILL OWN A 50% INTEREST IN
MONSTER LAKE PROPERTY, WITH IAMGOLD CORPORATION HOLDING OTHER
50%
* CO HAS ALSO ENTERED INTO AGREEMENT WITH BRUNSWICK
RESOURCES TO
ACQUIRE IRENE LAKE PROPERTY, IN EXCHANGE FOR CASH PAYMENT OF
$65,000
Source text for Eikon: ID:nCNWq9yrFa
Further company coverage: LOT.V
((Reuters.Briefs@thomsonreuters.com;))
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