Megumagold closes Similkameen claim acquisition
2020-03-11 19:13 ET – News Release
Mr. Regan Isenor reports
MEGUMAGOLD COMPLETES ACQUISITION OF PALLADIUM PROJECT IN BRITISH COLUMBIA
Further to the news release dated Feb. 21, 2020, Megumagold Corp. has closed the acquisition of five mineral claims for a total of 3,067 hectares, located in the Similkameen mining division approximately seven and 20 kilometres northwest of Copper Mountain.
The claims were acquired from arm’s-length vendors in consideration of the sum of $125,000 and six million fully paid and non-assessable common shares. No finders’ fees were paid in connection with the acquisition.
About Megumagold Corp.
Megumagold is a Canadian junior gold exploration company engaged in the business of acquiring, exploring and developing natural resource properties. Since 2018, the company has centred its exploration focus on the developing Meguma supergroup gold district of Nova Scotia. As a result, the company has assembled a strategically positioned land position of approximately 107,114 hectares within this promising geological domain.
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