Connect with us

Hi, what are you looking for?

Storm Exploration Completes Option Payment on Miminiska and Keezhik Gold Projects

VANCOUVER, BC / ACCESSWIRE / January 25, 2023 / Storm Exploration Inc. (TSXV:STRM) (the “Company”) is pleased to announce that it has completed the nineteen-month option payment in connection with its Option Agreement with Landore Resources Canada Inc. (“Landore”) to acquire a 100% interest in two gold projects located in northwest Ontario: the 5,494 ha Miminiska Gold Project and the 12,482 ha Keezhik Gold Project. The payment consisted of $251,824 cash and the issuance of 2,175,839 common shares at a deemed price of $0.11406 per share to Landore.

About Storm Exploration Inc.

Storm Exploration is a Canadian mineral exploration company focused on the discovery and development of economic precious and base metal deposits on four district-scale projects in northwest Ontario: Miminiska, Keezhik, Attwood and Gold Standard.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) has reviewed or accepts responsibility for the adequacy or accuracy of this release.

For further information, please contact:

Storm Exploration Inc.
+1 (604) 506-2804
[email protected]

SOURCE: Storm Exploration Inc.

View source version on accesswire.com:
https://www.accesswire.com/736651/Storm-Exploration-Completes-Option-Payment-on-Miminiska-and-Keezhik-Gold-Projects

AccessWire
Written By

News network reaching more than 1,500 media outlets in 98 countries. The newest, fastest-growing and most disruptive newswire available today.

You may also like:

World

The hope is real enough. It’s just a matter of when.

Tech & Science

If a chocolate has 5 percent fat or 50 percent fat it will still form droplets in the mouth and that gives you the...

Tech & Science

The extensive approach take with the latest research has enable scientists to distinguish specific populations of Y. pestis.

Business

Tesla head Elon Musk met with senior White House officials to discuss the Biden administration's push to grow the electric vehicle market.