Ditem Explorations Inc. (TSXV:DIT) signed a letter of intent to acquire 100% interest in Bruell gold property in Vauquelin Township near Val-d'Or, Abitibi County, Quebec from an unknown vendor for CAD 0.24 million on September 25, 2012. The consideration includes a total of CAD 0.15 million to be paid over a 12 month period in three CAD 0.05 million payments and a total of 2 million shares over 2 years. The vendor will also hold a 2% NSR on the property, subject to a 1% buy back for CAD 1 million in favour of Ditem Explorations Inc.
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- Ditem Explorations Inc. signed a letter of intent to acquire 100% interest in Bruell gold property in Vauquelin Township near Val-d'Or, Abitibi County, Quebec from an unknown vendor for CAD 0.24 million.