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Share Name | Share Symbol | Market | Type |
---|---|---|---|
Ethos Gold Corp | TSXV:ECC | 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% | 0.185 | 0.18 | 0.195 | 0 | 01:00:00 |
These newly staked claims are deemed to be Tie-In Claims under the terms of the Company's property option agreements with Shawn Ryan and Wildwood Exploration Inc. (collectively the "optionors") and thus become subject to the terms of those agreements, including among others the 2% NSR and buyback provisions as disclosed previously.
Ethos now has a substantial property portfolio totalling 3,647 claims or approximately 763 square kilometres (76,318 hectares) in area of prospective claims in the White Gold District optioned from target generator Shawn Ryan. Ethos' four main properties, plus the small Rude Creek property, are summarized (as of May 30, 2011) in the following Table:
------------------------------------------- Property Claims Hectares ------------------------------------------- Wolf 238 5,059 Betty 730 15,259 Bridget 2,191 45,799 Hen 476 9,950 Rude Creek 12 251 ------------------------------------------- TOTALS 3,647 76,318 -------------------------------------------
The small block of 12 "Royal" quartz claims was acquired as part of the Hen Option Agreement (see March 3, 2011 News Release) and is located in the middle of Silver Quest's Rude Creek Gold property.
This news release has been reviewed and approved by Peter Tallman, P.Geo, Chief Operating Officer of Ethos Capital Corp. and Qualified Person for the Yukon projects as defined by National Instrument 43-101.
Gary Freeman, President & CEO
Neither the 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: Ethos Capital Corp. Gary Freeman 604-682-4750 Ethos Capital Corp. Andy Hay 604-682-4750 www.ethoscapitalcorp.com
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