Amseco Ltd: Signature of a Letter of Agreement for the Acquisition of a 50% Interest in 28 Claims in the Monster Lake Region

(firmenpresse) - MONTREAL, QUEBEC -- (Marketwire) -- 08/15/11 -- Amseco Exploration Ltd (Amseco) (TSX VENTURE: AEL) is pleased to announce that a partnership agreement has been reached with Vantex Resources Ltd (TSX VENTURE: VAX).

According to this agreement, Amseco is acquiring a of 50% interest in 28 claims owned by Vantex in the Monster Lake region, on properties adjacent to those where Stellar Pacific Ventures Inc. recently began a significant drilling program.

The Monster Lake region is also known for multiple gold deposits, namely, the Joe Mann, Chevrier and Philibert deposits.

The agreement between Amseco and Vantex comprises one cash payment of 5 000 $ and issuance from treasury of 400 000 common shares. In the near future, Amseco and Vantex will carry out joint exploration work on the 28 claims included in the agreement. The planned budget for this joint venture is a minimum of 100 000 $ for the first year.

This agreement is conditional upon approval of the regulatory authorities as well as the release of the official documents of title by the government.

Erratum: In the last news release, Amseco failed to mention the share options exercise price of 0.10 $ on the 1.85 million shares issued to the directors.



Contacts:
Jean Desmarais
President
Amseco Exploration Ltd (AEL.V)
Tel: 514-284-5111 or Cell: 514-898-5326
514-284-6111 (FAX)

Weitere Infos zu dieser Pressemeldung:

Themen in dieser Pressemitteilung:


Unternehmensinformation / Kurzprofil:
Bereitgestellt von Benutzer: MARKET WIRE
Datum: 15.08.2011 - 13:00 Uhr
Sprache: Deutsch
News-ID 46417
Anzahl Zeichen: 0

contact information:
Town:

MONTREAL, QUEBEC

Kategorie:

Mining & Metals

Diese Pressemitteilung wurde bisher 184 mal aufgerufen.


Die Pressemitteilung mit dem Titel:
"Amseco Ltd: Signature of a Letter of Agreement for the Acquisition of a 50% Interest in 28 Claims in the Monster Lake Region"
steht unter der journalistisch-redaktionellen Verantwortung von

Amseco Exploration Ltd. (Nachricht senden)

Beachten Sie bitte die weiteren Informationen zum Haftungsauschluß (gemäß TMG - TeleMedianGesetz) und dem Datenschutz (gemäß der DSGVO).

Amseco : Private Placement (500 000 $) and Annual Shareholders General Assembly ...

MONTREAL, QUEBEC -- (Marketwired) -- 09/19/13 -- Amseco Exploration Ltee. ("Amseco") (TSX VENTURE: AEL) is seeking to raise a maximum of 500 000 $ through a private placement.This placement should be done via the issue of a private placem ...

Amseco Closes $300,000 Private Placement ...

MONTREAL, QUEBEC -- (Marketwired) -- 07/12/13 -- Amseco Exploration Ltd. (TSX VENTURE: AEL) (Amseco) is pleased to announce that it has completed, on July 10, 2013, a 300,000$ Private Placement. Subject to regulatory approvals Amseco will issued 30 ...

Amseco Exploration Ltd : Annual and Special Meeting and Share Consolidation ...

MONTREAL, QUEBEC -- (Marketwired) -- 06/21/13 -- Amseco Exploration Lted (Amseco) (TSX VENTURE: AEL), a company dedicated to the exploration of mineral proprerties in Quebec and Ontario, will hold its Annual and Special Meeting of Shareholders on A ...

Alle Meldungen von Amseco Exploration Ltd.