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Big Ridge Gold (TSXV:BRAU) completes sale of Ontario properties

Mining
TSXV:BRAU
02 March 2022 09:00 (EDT)

Source: Big Ridge Gold Corp.

Big Ridge Gold Corp. (BRAU) has closed the sale of its Ontario mining properties to Caprock Mining Corp.

Caprock issued a total of 10,000,000 common shares to Big Ridge at a deemed price of $0.10 per Caprock Share for aggregate deemed consideration of $1,000,000.

Big Ridge now owns 10,000,000 Caprock shares, representing approximately 25 per cent of the issued and outstanding share capital of Caprock.

Big Ridge Gold Corp is an exploration and development company with a portfolio of Canadian gold properties.

Big Ridge Gold Corp. (BRAU) opened trading at C$0.27 per share.

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