Brief: Prosper Gold acquires high grade Ashley gold mine
29/02/2016 13:55
Feb 29 (Reuters) - Prosper Gold Corp PGX.V : * Acquires high grade ashley gold mine - cadillac larder lake fault area - Ontario * Agreement with optionors,granting co option to acquire 100% interest in ashley mine,surrounding claims in central Ontario * Says agreement calls for company to make payments of $700,000, issuance of 1.7 million Prosper Gold shares * Says option agreement also calls for the company to make work expenditures totaling $250,000 over 3 years * Source text for Eikon ID:nCCN4wyGfD * Further company coverage PGX.V ((Bengaluru Newsroom; +1 646 223 8780))
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