Looks like "RR" is still Wheeling & Dealing. More land aquired for cash & shares....
Should be interesting tomorrow to see what the market thinks!!
maak
Press release from Marketwire
Rainy River Increases Land Position
Wednesday, March 03, 2010
VANCOUVER, BRITISH COLUMBIA--(Marketwire - March 3, 2010) - Rainy River Resources Ltd. (TSX VENTURE:RR) (the "Company" or "Rainy") announces that it has added additional ground to its sizable land package in the Rainy River district of northwestern Ontario.
The Company has entered into two separate option agreements to earn a 100% interest in a total of 32 unpatented mineral claims totalling approximately 1,280 acres in Tait Township. To exercise the option, the Company must pay the vendor total cash payments of $150,000 and issue a total of 70,000 shares of the Company over a five year period. This option agreement is subject to acceptance by the TSX Venture Exchange.
About Rainy River Resources Ltd.
Rainy River Resources is a Canadian precious metals