Northern Shield Res (NSHRF) 0.1700 $NSHRF North
Post# of 273242
Posted On: 09/17/2016 7:06:14 AM
Northern Shield Res (NSHRF) 0.1700 $NSHRF
Northern Shield Options Baie-Comeau Ni-Cu Property
CNW Group - Mon Dec 22, 10:42AM CST
Northern Shield Resources Inc. ("Northern Shield"
[TSXV: NRN] is pleased to announce that it has signed a binding Option Agreement with the owners of 7 claims comprising the K67 Property in the Baie-Comeau area of Quebec. Under the terms of the agreement, which is subject to TSX-V approval, Northern Shield can earn a 100 % interest in the claims by paying $6,000 and issuing 200,000 shares on signing the agreement, paying a further $20,000 and 200,000 shares on the first anniversary of the agreement and a further $25,000 and 200,000 shares on the second anniversary. The property is subject to a 2% NSR Royalty payable to the owners, of which 1% can be bought back for $1 million at Northern Shield's option.
NRN.VN: 0.215 (+0.015)
Northern Shield Options Baie-Comeau Ni-Cu Property
CNW Group - Mon Dec 22, 10:42AM CST
Northern Shield Resources Inc. ("Northern Shield"
[TSXV: NRN] is pleased to announce that it has signed a binding Option Agreement with the owners of 7 claims comprising the K67 Property in the Baie-Comeau area of Quebec. Under the terms of the agreement, which is subject to TSX-V approval, Northern Shield can earn a 100 % interest in the claims by paying $6,000 and issuing 200,000 shares on signing the agreement, paying a further $20,000 and 200,000 shares on the first anniversary of the agreement and a further $25,000 and 200,000 shares on the second anniversary. The property is subject to a 2% NSR Royalty payable to the owners, of which 1% can be bought back for $1 million at Northern Shield's option. NRN.VN: 0.215 (+0.015)
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