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Message: Here I go again - Goodman-Evans claim
Sorry - I'm posting text again!  Bad me.  Here is the original page. 
 So the Goodman claim involves the most cash and - here is the kicker
 - 3% net smelter return.  Kodiak has the right to buy back the 3%
smelter return for $2.5M+ (last 1% unspecified).  They must
figure there is something there! 
KODIAK EXPLORATION LIMITED ("KXL")
BULLETIN TYPE: Property-Asset or Share Purchase Agreement
BULLETIN DATE: October 31, 2007
TSX Venture Tier 2 Company


TSX Venture Exchange has accepted for filing an option agreement dated
October 9, 2007 between Kodiak Exploration Ltd. (the 'Company') and
Darren Goodman, Herb Goodman, Luke Goodman and Brad Evans whereby the
Company will acquire a 100% interest in 4 minerals claims known as the
'Goodman-Evans' property located in the Beardmore-Geraldton area of
Ontario.


Total consideration consists of $80,000 in cash payments as follows:


CASH


Within 5 days of Exchange Acceptance $10,000
One year from Acceptance $15,000
Two years from Acceptance $25,000
Three years from Acceptance $30,000


In addition, there is a 3% net smelter return relating to the
acquisition. The Company may at any time purchase 1% of the net
smelter return for $500,000, and an additional 1% of the net smelter
return for $1,000,000 in order to reduce the total net smelter return
to 1%. The Company also has a right of first refusal to purchase the
remaining 1% net smelter return.
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