This is what I found when I searched 88 Capital. "Under the terms of the option agreement, 88 Capital Corp. can acquire a 60 percent interest in the Chance F Claim for cash payments of $550,000 to St. Elias, issuing 1 million 88 Capital shares and incurring $1 million in exploration expenditures on the property over a three-year period. 88 Capital Corp.'s first year commitment under the option agreement is to pay $50,000 to St. Elias, issue 250,000 common shares and incur $150,000 in exploration expenditures on the property."