Exploring for gold and base metals in the Abitibi Greenstone Belt

Abitibi has produced more than 180 M ounces of gold and more than 450 Mt of Cu-Zn ore to date

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Message: EXS new Start

 Amalgamation with Pure Nickel.

Wait to see how long before trading new shares and exactly what split.

Sounds like roughly 2 EXS shares / 1 Pure Nickel share.

With Eric Sprott backing and $3 million financing to help this amalgamation, better chance at success 

at TPW and the company.  E. Sprott got a bargain for both parts, yet he is taking the chance,

and grateful for his contribution and efforts.

Chris Dupont will be VP and COO of the new amalgamated Pure Nickel company.

$500000 intitially toward drilling in the open pit at TPW.

E. Sprott has potentially 30% ownership of the company with everything exercised.  40 % for EXS shareholders and remaining 30% with existing Pure Nickel shareholders.

E. Sprott has all rights to the bulk sample stockpile near Boise as well.

Not sure if the deal with Puma is being upheld to keep the VMS project in New Brunswick.

Like to see that revert back to Pure Nickel.  Around 200 million shares.

Interesting with E. Sprott controlling the show.  Who knows what he has up his sleeves.  He could always roll something with high prospect into this new little company.  He clearly saw the potential with the open pit at TPW, and the old small production out of the Boise property.  

Very happy to see the news today.

See if Pure Nickel moves over 8 cents and holds by the end of the day tomorrow.

Even 7 would be encouraging.

Looks like EXS was given little value in the amalgamation, considering the properties and TPW

E. Sprott's contribution will be invaluable in helping to achieve a positive outcome.  

We are very lucky as EXS shareholders.

Next 2 years should be getting set up for production at TPW.  Initial drilling, and a bulk sample

would be a great start.

Great job for both sides putting this deal together.

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