on North Shore Uranium Ltd. (isin : CA18915K1012)
North Shore Uranium Ltd. Issues Shares for Property Payments
Vancouver-based North Shore Uranium Ltd. has issued a total of 2,666,666 common shares to Skyharbour Resources Ltd., valuing approximately $200,000, fulfilling a property payment for the Falcon property at Saskatchewan's Athabasca Basin. The shares, issued per the Falcon Option Agreement, have a one-year hold period.
Additionally, North Shore has issued 333,333 shares to Gem Oil Inc., worth roughly $25,000, for the West Bear property's payment obligation. These shares come with a four-month and one-day hold period, as outlined in the West Bear Option Agreement.
Both agreements provide North Shore the potential to acquire full ownership by completing required commitments.
R. H.
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