- Tres-Or Resources (TRS) has announced that the terms in the Amended and Restated Option Agreement with Kiboko Gold have been completed
- Tres-Or has transferred its rights, title and interests in 234 mineral claims, comprising the Harricana Gold Project in Quebec, to Kiboko
- The agreement granted Kiboko a one-stage option to acquire all the interest of Tres-Or in the Fontana Gold Project, subject to certain royalty interests as per Tres-Or
- The conclusion of this agreement completes the separation of Tres-Or’s gold property assets from its current diamond property assets
- Tres-Or Resources Ltd. is a Canadian resource company focused on exploring for diamonds and gold resources in Québec
- Tres-Or Resources Ltd. was unchanged at $0.06 at 11:35 AM ET
Tres-Or Resources (TRS) has announced that the terms in the Amended and Restated Option Agreement with Kiboko Gold have been completed.
Consequently, Tres-Or has transferred its rights, title and interests in 234 mineral claims, comprising the Harricana Gold Project in Quebec, to Kiboko.
“On behalf of Tres-Or and all our shareholders, I wish to congratulate Kiboko on successfully completing its IPO and fully executing on our Option Agreement,” said Tres-Or’s President and CEO Laura Lee Duffett.
“As Kiboko’s largest shareholder, Tres-Or is excited for Kiboko’s team to commence with its exploration drilling programs and unlock the value in this gold project for all our stakeholders,” she added.
The agreement granted Kiboko a one-stage option to acquire all the interest of Tres-Or in the Fontana Gold Project, subject to certain royalty interests as per Tres-Or.
The conclusion of this agreement completes the separation of Tres-Or’s gold property assets from its current diamond property assets.
Tres-Or Resources Ltd. is a Canadian resource company focused on exploring for diamonds and gold resources in Québec.
Tres-Or Resources Ltd. was unchanged at $0.06 at 11:35 AM ET.
