This property consists of 30 claims in two licenses and two separate agreements, one with Benton Resources Inc., and the second with a private consortium (Unity Resources). The Benton property was acquired for an initial share payment of 1 million shares on signing and $1,500 in cash, with 500,000 share payments due on the first anniversary (issued) and second anniversary of the agreement. Benton Resources also retains a 2% NSR of which 1% can be purchased for $1 million. The Unity Resources block was acquired (fully paid) for 1.4 million shares and $5,000 cash.
On April 19, 2021 – Sokoman Minerals Corp. announced that it has entered into an option agreement (the “Option Agreement”) with Canterra Minerals Corporation (“Canterra”) whereby Canterra can acquire 100% of the East Alder Gold Project (“East Alder”) which is contiguous with, and immediately northeast of, Canterra’s Wilding Project in central Newfoundland. For more details: April 19, 2021 press release.
On April 19, 2021 – Sokoman Minerals Corp. announced that it has entered into an option agreement (the “Option Agreement”) with Canterra Minerals Corporation (“Canterra”) whereby Canterra can acquire 100% of the East Alder Gold Project (“East Alder”) which is contiguous with, and immediately northeast of, Canterra’s Wilding Project in central Newfoundland. For more details: April 19, 2021 press release.
