Amador agreements for Ontario properties
Amador Gold Corp (C:AGX)
Shares Issued 125,428,388
Last Close 5/29/2008 $0.235
Friday May 30 2008 - Property Agreement
The TSX Venture Exchange has accepted for filing documentation in connection with the following:
Option agreement dated Dec. 20, 2007, between George Lucuik, James Ralph and Daniel Shelly and Amador Gold Corp., whereby Amador Gold has been granted an option to acquire a 100-per-cent interest in the Norberg property located in the Norberg township, Sault Ste. Marie mining division of Ontario. Consideration is $42,000 and 195,000 common shares (Mr. Lucuik -- 66,300 shares; Mr. Ralph -- 64,350 shares; Mr. Shelly - 64,350 shares). The property is subject to a 2-per-cent net smelter return royalty of which Amador may purchase half for $600,000 subject to further exchange review and acceptance.
Option agreement dated Feb. 19, 2008, between Rubicon Minerals Corp. and Amador Gold whereby Amador has been granted an option to acquire a 100-per-cent interest in the Revell property that is located in the Revell & Hyndman township, Kenora mining division of Ontario. Consideration is $100,000 and 250,000 common shares. The property is subject to a 2-per-cent net smelter return royalty of which Amador may purchase half for $1-million subject to further exchange review and acceptance.
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