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PBM Psyence Biomedical Ltd

0.3499
-0.0179 (-4.87%)
After Hours
Last Updated: 22:25:09
Delayed by 15 minutes
Share Name Share Symbol Market Type
Psyence Biomedical Ltd NASDAQ:PBM NASDAQ Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  -0.0179 -4.87% 0.3499 0.3371 0.35 0.375 0.3312 0.36 291,993 22:25:09

Pacific Booker Minerals, Inc. Announces Settlement of Mineral Claim Suit

20/04/2009 9:20pm

PR Newswire (US)


Psyence Biomedical (NASDAQ:PBM)
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VANCOUVER, British Columbia, April 20 /PRNewswire-FirstCall/ -- Pacific Booker Minerals, Inc. (NYSE Amex: PBM), (CDNX:BKM.V) has reached a settlement with certain optionors of mineral claims in the Hearne Hill area, which adjoins the Morrison property, who commenced an action against the Company in the British Columbia Supreme Court in April 2006. Pursuant to the settlement, Pacific Booker Minerals, Inc. will retain the right, title and interest in and to all claims that were the subject of the action, with the exception of Mineral Tenure No. 242812 (the "Hearne 1 Claim") and Mineral Tenure No. 242813 (the "Hearne 2 Claim"), which has been transferred to the plaintiff optionors as follows: (a) a one-half interest in each of the Hearne 1 Claim and the Hearne 2 Claim has been transferred to David Chapman; (b) a one-quarter interest in each of the Hearne 1 Claim and the Hearne 2 Claim has been transferred to Frederick Bland; and (c) a one-quarter interest in each of the Hearne 1 Claim and the Hearne 2 Claim has been transferred to Karen Dionne. Pursuant to the settlement, no cash payment was made to the plaintiffs and all claims in the action have been dismissed. Pacific Booker Minerals, Inc. explored the Hearne Hill property between May 1993 and October 1997 and little mineralization of economic significance was determined to be present. To view information regarding Pacific Booker Minerals, Inc., please visit our website home page and reports section at http://www.pacificbooker.com/. Contact: Gregory Anderson, Director, CEO and President 1-800-747-9911 1-800-234-3680 DATASOURCE: Pacific Booker Minerals, Inc. CONTACT: Gregory Anderson, Director, CEO and President of Pacific Booker Minerals, Inc., 1-800-747-9911, or 1-800-234-3680 Web Site: http://www.pacificbooker.com/

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