Goldstar Minerals Inc. Acquires Claims in Québec
17.11.2022 | GlobeNewswire
MONTRÉAL, Nov. 17, 2022 - Goldstar Minerals Inc. ("Goldstar" or the "Corporation") (TSX-V: GDM) is pleased to announce that it has entered into a Purchase and Sale Agreement (the "Agreement"), effective October 27, 2022, with Jean Bernard (the "Owner") with respect to a property (the "Property"), consisting of 2 claims and covering an area of approximately 120 hectares (1.2 km2).The Property is located in the Montérégie region of southern Québec.
The Agreement provides for the acquisition of an undivided interest of 100% in the Property by paying the Owner $25,000 plus applicable taxes and issuing 500,000 common shares of the Corporation. Upon commercial production, Goldstar will issue an additional 1,000,000 common shares of the Corporation.
Closing is subject to regulatory approval.
For further information, please contact:
Goldstar Minerals Inc.
David Crevier, Chairman
Telephone: 514-284-3663
dcrevier@goldstarminerals.com
François Perron, President
Telephone: 416-312-4811
fperron@goldstarminerals.com
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This news release may contain forward-looking statements. These statements are based on current expectations and assumptions that are subject to risks and uncertainties. Actual results could differ materially because of factors discussed in the management discussion and analysis section of our interim and most recent annual financial statement or other reports and filings with the TSX Venture Exchange and applicable Canadian securities regulations. We do not assume any obligation to update any forward-looking statements, except as required by applicable laws.
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