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Gold/Mining/Energy : Columbia Yukon Resources (A.CYR) -- Ignore unavailable to you. Want to Upgrade?


To: Simon Lyonns who wrote (643)4/14/1998 3:00:00 PM
From: Flea  Read Replies (1) | Respond to of 686
 
Columbia Yukon Resources Ltd -

Alberta diamond property acquisition


Columbia Yukon Resources Ltd
CYR
Shares issued 20286888
1998-04-13 close $0.2
Tuesday Apr 14 1998
Also Consolidated Venturex Holdings Ltd (CVA)
Mr Michael Gustavson reports
Columbia Yukon Resources and Consolidated Venturex Holdings have entered into an agreement to
purchase, each as to a 50% interest, certain metallic and industrial mineral permits submitted to Alberta
Energy from Raynard William Howarth for $67,000.
Under the terms of the agreement, the purchase price consists of a one time cash payment of $10,000
payable by the company and a total of 100,000 common shares of the company and 100,000 common
shares of CVA. Under the agreement, Howarth will retain a 2.5% net diamond royalty, and the
company and CVA have the right to purchase 1% of the diamond royalty for $1,000,000.