Le Lézard
Classified in: Mining industry, Business
Subject: REAL ESTATE TRANSACTIONS

Claim Post Resources Inc. Completes the Purchase of Quarry Leases from Gossan Resources Limited


TORONTO, ONTARIO--(Marketwired - Sept. 14, 2017) - Claim Post Resources Inc. (TSX VENTURE:CPS) is pleased to announce the payment of $787,356 to Gossan Resources Limited which completes the purchase of nine quarry leases under the terms of the Manigotagan Purchase and Sale Agreement. The leases contain a large surface deposit of silica sand which is in high demand for fracking in oil and gas industry.

Lowell Jackson, Executive Chairman, stated: "Claim Post is proud to announce this important corporate milestone and would like to thank Gossan and all other stakeholders for their understanding and patience though this process. Upon transfer of the Gossan leases, Claim Post will initiate field work leading to the development of the silica sand project."

Claim Post Resources Inc. is a Canadian mineral exploration company and a reporting issuer in Ontario, Alberta and British Columbia. It currently has two areas of focus: exploring for gold and base metals in the prolific Timmins Camp in Ontario, and developing a Tier 1, frac sand deposit located 200km NE of Winnipeg, Manitoba. The Company has 126,383,908 shares issued and outstanding.

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.


These press releases may also interest you

3 mai 2024
Eastern Platinum Limited (JSE: EPS) ("Eastplats" or the "Company") is pleased to report that it has filed its Audited Consolidated Financial Statements for the fiscal year ended December 31, 2023 and the corresponding Management's Discussion and...

3 mai 2024
Kolibri Global Energy Inc. (the "Company") announces that, further to the Company's news released date May 2, 2024, the Company has completed the filing of the Company's annual information form, annual audited financial statements, management's...

3 mai 2024
Ultra Lithium Inc. ("Ultra Lithium" or the "Company") is providing this bi-weekly default status report in accordance with National Policy 12-203 Management Cease Trade Orders ("NP 12-203"). On March 4, 2024, the Company announced that effective...

3 mai 2024
Galway Metals Inc. ("Galway" or the "Corporation") is pleased to announce that further to its press release dated April 25, 2024, it has closed the second and final tranche of its non-brokered private placement (the "Private Placement"). The second...

3 mai 2024
Taiga Building Products Ltd. announces detailed voting results from the annual general meeting of shareholders of the Company held on May 2, 2024. ...

3 mai 2024
Vizsla Silver Corp. ("Vizsla Silver" or the "Company") is pleased to announce that it has now issued 448,137 common shares (the "Consideration Shares") for the previously announced asset purchase agreement (the "Acquisition Agreement") dated March...



News published on and distributed by: