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Tue Dec 11, 2001 ITL Capital announces a Letter Agreement with Otish Mountain Syndicate The Board of Directors of the Company are pleased to announce that they have entered into a Letter Agreement dated December 11, 2001 with Otish Mountain Syndicate ("OMS") for an option to earn a 100% interest, subject to a 2% Net Smelter Royalty and 2% Gross Overriding Royalty in favour of OMS, in Block #2 of the Otish Mountain Quebec Property, comprising approximately 10,000 acres (the "Property").
In order to earn its interest in the Property the Company is to:
1.pay the sum of $13,000 t... (0 KB) |
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Wed Jun 27, 2001 The Company will not proceed with Manitoba diamond property The Board of Directors of the Company announce that they will not be proceeding at this time with an agreement for the acquisition of an interest in a Manitoba diamond property as set forth in its news release dated April 26, 2001.
The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of the content of this news release. (0 KB) |
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Thu Apr 26, 2001 Negotiations for 90% interest in a Manitoba diamond property The Board of Directors are negotiating an agreement for the acquisition of a 90% interest in a Manitoba diamond property known as "Willbeach Special Permit (SP-01-02)" in consideration of the payment of cash and shares over a five (5) year period and subject to the Company carrying out a work program on the property.
The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of the content of this news release. (0 KB) |
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