Goldeneye Acquires Oil and Gas Interest in Oklahoma

Goldeneye Acquires Oil and Gas Interest in Oklahoma

ID: 208082

(firmenpresse) - VANCOUVER, BRITISH COLUMBIA -- (Marketwire) -- 11/29/12 -- Goldeneye Resources Corp. (TSX VENTURE: GOE) (the "Company" or "Goldeneye") is pleased to announce that it has entered into a letter of intent (the "LOI") with TexKanOk Energy, LLC (the "Vendor"), an arm's length party to the Company, to acquire an interest in the Keyes Dome Project, Oklahoma (the "Project").

The Project consists of a total of 3,200 acres in five sections of oil and gas leases, located in Cimarron County, Oklahoma, currently held or under accumulation by the Vendor.

Under the terms of the LOI, the Company will pay a total of $266,000 and issue a total of 3,300,000 common shares and 1,650,000 transferrable share purchase warrants to the Vendor in stages as set out below. Each warrant will authorize the holder thereof to purchase one common share of the Company for a period of five years from the date of issue at an exercise price of $0.30 per share.

The Company has commissioned a National Instrument 51-101 Report on the Project and will provide detail technical information about the Project upon completion and filing of the Report.

A finder's fee is payable with respect to the transaction pursuant to the policies of the Exchange.

The transaction and all payments and share and warrant issuances are subject to the acceptance of the Exchange. There is no assurance that GOE will obtain the acceptance of the Exchange to the transaction.

ON BEHALF OF THE BOARD

Geoff Balderson, President

We seek safe harbor.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.



Contacts:
Goldeneye Resources Corp.
604.602.0001
604.448.0886 (FAX)




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Bereitgestellt von Benutzer: MARKETWIRE
Datum: 29.11.2012 - 13:45 Uhr
Sprache: Deutsch
News-ID 208082
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VANCOUVER, BRITISH COLUMBIA



Kategorie:

Oil & Gas



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