Mill City Gold Corp.: Croxall Property Work Commitment Extension
16.07.2014 | Marketwire
CALGARY, Jul 16, 2014 - Mill City Gold Corp. ("Mill City" and/or the "Company") (TSX VENTURE:MC) (OTCBB:MCYGF) (FRANKFURT:NJ6) announced today that it has provided notice to Temex Resources Corp. ("Temex") to extend for one year the time required to complete the Work Commitment as that terms is defined in the September 21, 2010 Letter Agreement between the Company and Temex. Pursuant to the Letter Agreement, Mill City is required to issue 125,000 common shares to Temex, such share issuance to be subject to the approval by the TSX Venture Exchange. Upon issuance of the 125,000 shares to Temex, the Company shall have until September 21, 2015 to complete the $750,000 Work Commitment.
ON BEHALF OF THE BOARD OF DIRECTORS
James R. Brown
Chairman, President & CEO
The TSX Venture Exchange does not accept responsibility for the adequacy or accuracy of this Release.
Contact
Mill City Gold Corp.
James R. Brown, Chairman, President & CEO
403-640-0110
www.millcitygold.com