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Gold/Mining/Energy : Mining News of Note -- Ignore unavailable to you. Want to Upgrade?

To: LoneClone who wrote (44785)	10/8/2009 9:29:27 PM
From: LoneClone	Read Replies (1) \| Respond to of 197504

EVOLVING GOLD CORP. ("EVG") BULLETIN TYPE: Property-Asset or Share Purchase Agreement BULLETIN DATE: October 8, 2009 TSX Venture Tier 1 Company newswire.ca TSX Venture Exchange has accepted for filing an Option Agreement dated August 1, 2009 between Evolving Gold Corp. (the "Company") and Marcelle Hauseux (the "Optionor"), whereby the Company has an option to acquire a 100% interest in and to 88 mining claims located near Nueltin Lake, Nunavut. In consideration, the Company will make cash payments in the amount of $350,000 ($110,000 in the first year) and issue a total of 250,000 shares (90,000 shares in the first year) over a period of five years. There will be a 2% NSR, which can be bought down to 0% with the payment of US$2 million for each percentage point of NSR.