The TSX Venture Exchange has accepted for filing a purchase and sale agreement with Ambrian Partners Ltd., pursuant to which the company is purchasing a 1-per-cent net smelter royalty return (the NSR) on the Nixon Fork property, a property currently 100 per cent owned by the company's wholly owned subsidiary, Mystery Creek Resources Inc. (MCR).

Pursuant to the terms of the agreement, in consideration for Ambrian transferring its full interest in the NSR to the company, the company has paid Ambrian (i) $225,000 in cash; and (ii) will issue to Ambrian 225,000 common share purchase warrants of the company, with each warrant being exercisable to acquire one common share of the company at a price of 75 cents per share for a period of 18 months from the date of issue of the warrants.

April 15th-17:30 ET, Property agreement.