- Canadian Silver Hunter (AGH.H) has entered a claims purchase agreement to acquire a 100 per cent share in 11 mineral claim units
- The claims are located in the Timmins, Ontario area
- Canadian Silver will issue 100,000 common shares at a deemed price of C$0.06 per share as payment
- The transaction remains subject to final approval of the TSX Venture Exchange
- Shares of Canadian Silver Hunter are unchanged on the day, trading at C$0.07 at market close
Canadian Silver Hunter (AGH.H) has entered a claims purchase agreement to acquire a 100 per cent share in 11 mineral claim units.
The Carscallen and Whiteside property claims are located around Timmins Ontario.
Under terms of the agreement, Canadian Silver will issue 100,000 common shares at a deemed price of $0.06 per share as payment for the claims.
The transaction remains subject to final approval of the TSX Venture Exchange.
Canadian Silver Hunter is a mineral exploration company headquarted in Toronto.
The company’s focus is on gold and silver exploration in Ontario and Quebec.
The company currently owns two properties: the Silver Centre-Keeley Frontier property, located near Cobalt in Northern Ontario; and the Lac Lachance property, located near Lac Windfall in Quebec.
It also has an option to acquire a 100 per cent interest in the Lost Dog property, located near Timmins.
Shares of Canadian Silver Hunter are unchanged on the day, trading at C$0.07 at market close.