Crowflight Minerals Inc. - Announcement.Business Editors TORONTO--(BUSINESS WIRE)--June 9, 2000 Crowflight Minerals Inc. (CDNX CDNX See Canadian Venture Exchange (CDNX). :CML 1. CML - A query language. ["Towards a Knowledge Description Language", A. Borgida et al, in On Knowledge Base Management Systems, J. Mylopoulos et al eds, Springer 1986]. 2. CML - Concurrent ML. .) Shares Outstanding: 14,188,283 Fully Diluted: 18,871,049 Close June 08, 2000 $0.40 Subject to Regulatory approvals, the Company has entered into an option agreement with the Sheridan Mining Group of Toronto to acquire a 100% interest in approximately 800 acres of mineral rights immediately adjoining the recently announced high-grade Nickel-Copper-PGM Totten orebody discovered by Inco in late 1999. The consideration for the option consists of common shares and warrants, a cash consideration, and minimum yearly royalty payments. The Company intends to conduct geophysical surveys as soon as practical to be followed by diamond-drilling if the survey results warrant. The company now holds interest in four exploration prospects in the Sudbury Basin The Sudbury Basin, also known as Sudbury Structure, is the second largest known impact crater or astrobleme on Earth, and a major geologic structure in Ontario, Canada. The basin is located on the Canadian Shield in the city of Greater Sudbury, Ontario. and is negotiating several other potential acquisitions. James M. Brady For other persons named James Brady, see James Brady (disambiguation). James M. Brady, known as Jim Brady, is an American journalist and the Executive Editor of the washingtonpost.com since November 2004. , President The Canadian Venture Exchange The Canadian Venture Exchange (CDNX) is now a defunct stock exchange having been acquired by the TSX Group in 2001 and renamed the TSX Venture Exchange. History of the Canadian Venture Exchange (CDNX) (CDNX) has neither approved nor disapproved the contents of this news release. |
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