05/07/2021 | Press release | Archived content
Completion of Acquisition or Disposition of Assets
On May 04, 2021, the Company sold 2,000,000 of the 10,000,000 common shares held in BeMetals Corp., for a total of CAD$800,000 ( US$556,820), less brokerage fees. The shares of common stock were sold in an arranged transaction through the Toronto Stock Exchange - Venture Exchange at a price of CAD$0.40 (US$0.278). This sale meets all the requirements under the terms of the BeMetals Option Agreement. The Disposition was unanimously approved by the Company`s Board, and the sale was made on the Toronto Stock Exchange-Venture Exchange pursuant to the exemption provided in rule 904.