• Conquest Resources Limited (CQR) has signed an option agreement for Atha Energy Corp. to acquire the Golden Rose Property
  • The Golden Rose Property are mineral leases located in the Sudbury Mining District, Ontario
  • To acquire the property, Atha must issue 1,500,000 shares of Atha and make cash payments totalling $1,000,000.00 over 36 months
  • Conquest Resources Limited is a mineral exploration company that is exploring for base metals and gold on mineral properties in Ontario
  • Conquest Resources Limited is unchanged, trading at $0.03 at 10:19 AM ET

Conquest Resources Limited (CQR) has signed an option agreement with Atha Energy Corp.

Under the agreement, Atha Energy has the option to acquire the Golden Rose Property located in the Sudbury Mining District, Ontario.

To fully execute the option, Atha must issue 1,500,000 shares of Atha and make cash payments totalling $1,000,000.00 over 36 months.

Atha has also agreed to Conquest a one-per-cent net smelter return on the Golden Rose Project.

Conquest Resources Limited is a mineral-exploration company that is exploring for base metals and gold on mineral properties in Ontario.

Conquest Resources Limited is unchanged, trading at $0.03 at 10:19 AM ET.

More From The Market Online

Nickelex Resource to acquire Arlington Gold Property

Nickelex Resource (TSXV:NICK) acquires 100 per cent interest in nine claims within the Boundary District in south-central British Columbia.

Myriad Uranium secures mining lease at Copper Mountain

Myriad Uranium (CSE:M) has entered into a 20-year mining lease with Diamond X Ranch for the Copper Mountain Uranium Project.
Negotiating in a meeting room

Sitka Gold to acquire 100% ownership of Barney Ridge

Sitka Gold (TSXV:SIG) agrees to acquire a 100 per cent interest in the Barney Ridge Property in the Yukon.

Junior copper miner secures another major partner

Junior copper miner Midnight Sun Mining (TSXV:MMA) signs a cooperative exploration plan with First Quantum Minerals.