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CFA.H Clear Gold Resources Inc

0.01
0.00 (0.00%)
28 Jun 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
Clear Gold Resources Inc TSXV:CFA.H TSX Venture Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 0.01 0.005 0.01 0 01:00:00

ClearFrame Announces Property Acquisition

03/07/2012 2:01pm

Marketwired Canada


ClearFrame Solutions Corp. (TSX VENTURE:CFA.H)(the "Company") is pleased to
announce that it has entered into property option agreements with Brian Fowler
of Pinawa, Manitoba, and a group of other vendors, with respect to a package of
three claims groups, the Big Duck Lake, the Aguasabon Lake and the Aguasabon
River claims, comprising a total of 53 claims covering 658 units situated in the
Thunder Bay Mining Division of Ontario. 


With respect to the Big Duck Lake claims, the Company must pay $113,400 in cash
over two years and issue 108,000 shares in the capital of the Company to the
vendors; for the Aguasabon Lake claims, the Company must pay $36,400 in cash
over two years and issue 34,668 shares in its capital; and for the Aguasabon
River claims, the Company must pay $280,000 in cash over three years, issue a
total of 800,000 shares in its capital and complete $100,000 in work during the
first year of the option. Each of the claims packages is subject to a 2% NSR
royalty retained by the vendors of which the Company can by down 1% through
payment of $1,000,000 with respect to each claim group to the vendors.


The acquisition of the claims is subject to acceptance for filing by the TSX
Venture Exchange.


CLEARFRAME SOLUTIONS CORP.

JEREMY FORD, President and CEO

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