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C2C Gold Corp. (CSE:CTOC) acquires additional mineral licences, issues anniversary payments

Mining
CSE:CTOC
04 July 2022 09:30 (EDT)
PeterBures

Peter Bures - C2C Gold

C2C Gold Corp. (CTOC) has issued shares on the five property option agreements from its recent acquisition of The Rock Gold Corp.

C2C has made payments totalling $205,000 and issued 1,550,000 common shares to its respective joint venture partners comprised of prospectors from Canada’s Newfoundland.

In addition, C2C Gold has amended an existing agreement, adding two new licences in the Quin and Barrens Lake areas, adjacent to existing mineral properties held by C2C, in exchange for $10,000 cash, reimbursement of nominal security deposit fees and the issuance of 100,000 common shares in the capital of the company.

All other terms and conditions in the original property purchase agreement remain unchanged.

The company’s acquisition of the option agreements, subsequent payments and share issuances are subject to exchange approval.

C2C Gold Corp. is a mineral exploration company focused on advancing gold projects in Newfoundland.

C2C Gold Corp opened trading at $0.13 per share.

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