Vangold Resources property agreement for El Pinguico
May 9th 2017 | by Vangold
The TSX Venture Exchange has accepted for filing documentation pertaining to a property purchase agreement dated Dec. 16, 2016, between Vangold Resources Ltd. and Exploraciones Mineras Del Bajio SA de CV. Pursuant to the agreement, the company acquired a 100-per-cent interest in the El Pinguico property in Mexico.
Consideration for the property is $100,000 (U.S.) and five million shares of the company.
King Capital Corp. (Cameron King) received a finders’ fee of 662,500 shares of the company.
Insider/pro group participation: not applicable
For additional information, please refer to the company’s news releases dated Dec. 23, 2016, and April 27, 2017.