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Message: Amador agreement to acquire Fripp West property

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Amador agreement to acquire Fripp West property

posted on Apr 11, 08 08:09PM

Amador agreement to acquire Fripp West property

Amador Gold Corp (C:AGX)
Shares Issued 117,283,248
Last Close 4/10/2008 $0.245
Friday April 11 2008 - Property Agreement

The TSX Venture Exchange has accepted for filing documentation with respect to an option agreement dated Feb. 14, 2008, between Pierre Fortier and Fred Fortier and Amador Gold Corp. whereby Amador has been granted an option to acquire a 100-per-cent interest in the Fripp West property located in the Porcupine mining division, Ontario. Consideration is $20,000 and 200,000 common shares (payable over two years). The property is subject to a 2.5-per-cent net smelter return royalty of which 1 per cent may be purchased by the company for $500,000. A further 0.5 per cent may be purchased for $500,000.

© 2008 Canjex Publishing Ltd.

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