July 29 (Reuters) - Pistol Bay Mining Inc PST.V :
* PISTOL BAY ACQUIRES GOLD EXPLORATION CLAIMS IN RED LAKE
* PISTOL BAY MINING INC - ENTERED INTO AN OPTION AGREEMENT
WITH
NORTHBOUND CAPITAL
* PISTOL BAY MINING-TO ACQUIRE A 100% RIGHT, TITLE,INTEREST
IN, TO
104 MINING CELLS LOCATED IN CABIN BAY TOWNSHIP IN RED LAKE
MINING DISTRICT, ONTARIO
* PISTOL BAY MINING INC - CO IS REQUIRED TO MAKE TOTAL CASH
PAYMENTS OF $82,500 AND ISSUE A TOTAL OF 3 MILLION SHARES OVER A
THREE-YEAR PERIOD
* PISTOL BAY MINING INC - NORTHBOUND CAPITAL WILL RETAIN A
2.0%
NET SMELTER RETURNS ROYALTY
Source text for Eikon: ID:nGNX5L1Jw4
Further company coverage: PST.V
((Reuters.Briefs@thomsonreuters.com;))