Bolero Resources Corp (TSX-V: BRU) has entered an agreement to acquire 11 mining claims. About 2,653 hectares on the property are tied on to the northwest and 1,930 hectares are tied directly east on the property on which the discovery hole announced on October 7th, 2009 by International Wayside Gold Mines Ltd. is located.
Wall Street Grand is a leading online financial publication. We are pleased to alert investors of stocks that are on the move.
Sign Up for our Free Stock Newsletter
The agreement is for a cash payment of $35,000, the issuance of 1,500,000 shares of Bolero upon TSV Venture Exchange approval, 1,500,000 shares six months after the date of the agreement and a 1% Net Smelter Royalty. The company has also committed to spend $50,000 on exploration before July 1, 2010.
About Bolero Resources Corp.
Bolero Resources Corp. is a Canada-based molybdenum mineral development and exploration company. Our primary assets are 100% interests in two significant molybdenum properties located in Montana, USA, which are the Bald Butte and Cannivan Gulch properties. The Company is listed on the TSX-Venture Exchange under the symbol BRU, as well as the Frankfurt Exchange under U7N.
Sign up for Today for our free Wall Street Grand newsletter. To subscribe, enter your e-mail address into the frame at the bottom of this press release or visit our website.
About Wall Street Grand
Wall Street Grand is the best investor relations company on the web. From Research Reports to Stock Profiles, we give you everything you need to make the best investment decisions daily. Each of our Featured Investment Opportunities hold premium characteristics to succeed even our own expectations making us the best kept secret of Wall Street.
To feature a company on our web site please contact us at the email listed below.
Wall Street Grand's stock profiles are intended to be stock ideas, NOT recommendations. Please do your own research before investing. Please click here to read the full disclaimer.
