Cameo Resources agreement for WRL interest Cameo
Post# of 53
Cameo Resources Corp (2) (C:CRU)
Shares Issued 10,936,386
Last Close 2/8/2018 $0.73
Thursday February 8 2018 - Property Agreement
Also Clean Commodities Corp (C:CLE) Property Agreement
The TSX Venture Exchange has accepted for filing documentation in connection with an option agreement dated Nov. 30, 2017, between Cameo Resources Corp. and Clean Commodities Corp. Pursuant to the agreement, Cameo has acquired an option to acquire up to an 80-per-cent interest in the WRL property located in Quebec in consideration of the following:
On execution:$25,000
On exchange approval:500,000 shares
On or before the first anniversary of the agreement:$500,000 in exploration
On or before the second anniversary:$1-million in exploration
On or before the third anniversary:$1.5-million in exploration
On or before the fourth anniversary:$2-million in exploration