Fermer X Les cookies sont necessaires au bon fonctionnement de 24hGold.com. En poursuivant votre navigation sur notre site, vous acceptez leur utilisation.
Pour en savoir plus sur les cookies...
AnglaisFrancais
Cours Or & Argent en
DOT Announces Acquisition of Complimentary Properties
Published : November 06, 2012
( 0 vote, 0/5 ) Imprimer l'article
  Article Commentaires Commenter Notation Suivre la société  
0
envoyer
0
commenter
Mots clés associés :   Canada | Copper |

CALGARY, ALBERTA--(Marketwire - Nov. 6, 2012) - DOT Resources Ltd. (News - Market indicators) ("DOT" or the "Corporation") announces that it has executed a purchase and sale agreement to acquire four complimentary copper porphyry properties adjacent to its 100% owned Dot copper porphyry property (the "Property") located 17 kilometres south of the Highland Valley copper porphyry district in Central British Columbia, Canada.

DOT has acquired a 100% interest in four exploration properties known as Promotory Hills (6,701 acres), Copper Belle (2,714 acres), Peacock (3,373 acres) and Cube (1,998 acres), all located in British Columbia (see location map - Figure 1).

As compensation for the acquisition of these four properties, DOT will issue to the seller Christopher Delorme ("Delorme") 1,200,000 shares of the Corporation (subject to regulatory approval) and $120,000, the payment for which is to be made as follows:

A. 1,200,000 share compensation:  
  1. 300,000 shares to be issues within 30 days following the date when DOT receives approval from the TSX-V (the "Closing");
  2. An additional 300,000 shares to be issued on or before November 1, 2013;
  3. An additional 300,000 shares to be issued on or before November 1, 2014; and,
  4. The final 300,000 shares on or before November 1, 2015.
     
B. $120,000 payment: 
  1. $30,000 payable within five business days following the closing of a financing by the Corporation or by April 1, 2013, whichever comes first;
  2. An additional $30,000 payable on or before November 1, 2013;
  3. An additional $30,000 payable on or before November 1, 2014; and,
  4. The final $30,000 payable on or before November 1, 2015.

Closing of the purchase and sale is to occur within 30 days following the date in which regulatory approval is received.

In addition, Delorme retains a two percent royalty on the revenue realized by DOT on the sale of all ores and minerals mined or extracted from the properties. DOT may reduce the royalty from 2.0% to 0.5% at any time and at the Corporation's discretion, by making a one-time cash payment of $500,000.

Stated John J. Komarnicki, DOT's Chairman and CEO, "We have been assessing a number of opportunities to acquire complimentary properties to our DOT property, and the acquisition of Promotory Hills, Copper Belle, Peacock and Cube not only achieves this, but also increases our footprint in the Highland Valley district by over 300%."

ABOUT DOT

DOT is a Canadian corporation focused on the exploration and development of its copper porphyry property in central British Columbia. DOT is planning to assess additional copper, copper-gold and other precious metal properties for exploration and development opportunities throughout North and South America.

Prior to this acquisition, DOT owned a 4,800 acre, 100% controlled porphyry copper +/- molybdenum-gold-silver property located 17 kilometres south of the Highland Valley Mining District, in central British Columbia.

The Corporation's common shares trade on the TSX Venture Exchange under the symbol DOT. DOT's website can be accessed at www.dotresourcesltd.com

Forward-Looking Statements

Certain statements contained in this news release constitute "forward-looking statements" as such term is used in applicable Canadian and United States laws. These statements relate to analyses and other information that are based on forecasts of future results, estimates of amounts not yet determinable and assumptions of management. In particular, the ability to obtain funding to complete the acquisition and other factors and events described in this news release should be viewed as forward-looking statements to the extent that they involve estimates thereof. Any statements that express or involve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, assumptions or future events or performance (often, but not always, using words or phrases such as "expects" or "does not expect", "is expected", "anticipates" or "does not anticipate", "plans", "estimates" or "intends", or stating that certain actions, events or results "may", "could", "would", "might" or "will" be taken, occur or be achieved) are not statements of historical fact and should be viewed as "forward-looking statements". Such forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of the Corporation to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. Such risks and other factors include, among others, the resulting dilution caused by the raising of capital through the sale of shares, and such other business risks as discussed herein and other publicly filed disclosure documents. Although the Corporation has attempted to identify important factors that could cause actual actions, events or results to differ materially from those described in forward-looking statements, there is no certainty that additional exploration will locate additional resources and that there may be other factors that cause actions, events or results not to be anticipated, estimated or intended. There can be no assurance that such statements will prove to be accurate as actual results and future events could vary or differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements contained in this news release.

Forward-looking statements are made based on management's beliefs, assumptions, estimates and opinions on the date the statements are made and the Corporation undertakes no obligation to update forward-looking statements if these beliefs, estimates and opinions or other circumstances should change, except as required by applicable law. The forward-looking statements contained herein are expressly qualified by this cautionary statement.

To view Figure 1, please visit the following link: http://media3.marketwire.com/docs/dot1106fig1.pdf.

Neither the TSX Venture Exchange Inc. nor its Regulation Services Provider (as that term is defined in the Policies of the TSX Venture Exchange Inc.) accepts responsibility for the adequacy or accuracy of this release.

DOT Resources Ltd.
Ihor P. Wasylkiw
VP & Chief Information Officer
+1 (403) 264-2647
+1 (403) 228-2855 (FAX)
or
DOT Resources Ltd.
John J. Komarnicki
Chairman & CEO
+1 (403) 264-2647
+1 (403) 228-2855 (FAX)
www.dotresourcesltd.com
Données et statistiques pour les pays mentionnés : Canada | Tous
Cours de l'or et de l'argent pour les pays mentionnés : Canada | Tous

Dot Resources Ltd.

EXPLORATEUR
CODE : DOT.V
ISIN : CA25849B1076
Suivi et investissement
Add to watch list Add to your portfolio Add or edit a note
Ajouter une alerte Ajouter aux Watchlists Ajouter au portefeuille Ajouter une note
ProfilIndicateurs
de Marché
VALEUR :
Projets & res.
Communiqués
de Presse
Rapport
annuel
RISQUE :
Profile actifs
Contactez la cie

Dot Resources est une société d’exploration minière de cuivre et d'argent basée au Canada.

Son principal projet en exploration est DOT au Canada.

Dot Resources est cotée au Canada et en Allemagne. Sa capitalisation boursière aujourd'hui est 557 300 CA$ (425 777 US$, 384 349 €).

La valeur de son action a atteint son plus haut niveau récent le 14 mars 2008 à 0,25 CA$, et son plus bas niveau récent le 17 août 2015 à 0,01 CA$.

Dot Resources possède 55 730 000 actions en circulation.

Votre avis nous interesse, merci de laisser un commentaire ou de noter cet article.
Evaluer : Note moyenne :0 (0 vote) Voir les mieux notés
 
Financements de Dot Resources Ltd.
28/08/2009Board Approves Application to Extend the Share Purchase Warr...
Attributions d'options de Dot Resources Ltd.
17/11/2009Granting of Stock Options
Nominations de Dot Resources Ltd.
25/10/2012Announces Appointment of a New Director
Rapports Financiers de Dot Resources Ltd.
16/04/2015Announces It Will Not Be Able To File Its 2014 Audited Finan...
Projets de Dot Resources Ltd.
01/12/2010(Dot)DOT Resources Ltd (DOT - TSX.V) News Release dated December ...
13/01/2010Expands Diamond Drilling Program
15/01/2009IP SURVEY IDENTIFIES TWO TARGETS FOR DIAMOND DRILLING
30/04/2008 Positive Diamond Drilling Results
Communiqués de Presse de Dot Resources Ltd.
27/06/2014DOT Prepares to File Year 2013 and First Quarter 2014 Financ...
13/06/2014DOT Provides Audit Status Progress
30/05/2014DOT Resources Ltd. Provides Progress Report on Audit Status
16/05/2014DOT Provides Progress Report on Audit Status
02/05/2014DOT Announces Management Cease Trade Order
11/04/2014DOT Announces It Will Not Be Able to File Its 2013 Audited F...
26/07/2013Granting of Stock Options
26/07/2013Granting of Stock Options
06/11/2012Announces Acquisition of Complimentary Properties
26/03/2010Announces Amendment to Proposed Financing
08/03/2010Announces New Copper Discovery
18/02/2010 Announces Proposed Financing
26/10/2009Commencement of Exploration Program
24/09/2009Closes Financing with the MineralFields Group and Others
31/07/2008 2008 Exploration Program Update
Publication de commentaires terminée
 
Dernier commentaire publié pour cet article
Soyez le premier à donner votre avis
Ajouter votre commentaire
TSX-V (DOT.V)FRANKFURT (3DT.F)
0,010+0.00%
TSX-V
CA$ 0,010
17/08 15:57 -
0%
Cours préc. Ouverture
0,010 0,010
Bas haut
0,010 0,010
Année b/h Var. YTD
 -  -
52 sem. b/h var. 52 sem.
- -  0,010 -%
Volume var. 1 mois
455 000 -%
24hGold TrendPower© : -27
Produit
Développe
Recherche Copper - Gold - Molybdenum - Silver
 
 
 
Analyse
Interactive chart Add to compare
Graphique
interactif
Imprimer Comparer Exporter
Dernière mise à jour le : 04/12/2010
Vous devez être connecté pour accéder au portefeuille (gratuit)
Top Newsreleases
LES PLUS LUS
Variation annuelle
DateVariationMaxiMini
 
Graphique 5 ans
 
Graphique 3 mois
 
Graphique volume 3 mois
 
 
Nouvelles des Sociétés Minières
Plymouth Minerals LTDPLH.AX
Plymouth Minerals Intersects Further High Grade Potash in Drilling at Banio Potash Project - Plannin
0,12 AU$-8,00%Trend Power :
Santos(Ngas-Oil)STO.AX
announces expected non-cash impairment
7,75 AU$+0,52%Trend Power :
Oceana Gold(Au)OGC.AX
RELEASES NEW TECHNICAL REPORT FOR THE HAILE GOLD MINE
2,20 AU$+0,00%Trend Power :
Western Areas NL(Au-Ni-Pl)WSA.AX
Advance Notice - Full Year Results Conference Call
3,86 AU$+0,00%Trend Power :
Canadian Zinc(Ag-Au-Cu)CZN.TO
Reports Financial Results for Q2 and Provides Project Updates
0,12 CA$+4,55%Trend Power :
Stornoway Diamond(Gems-Au-Ur)SWY.TO
Second Quarter Results
0,02 CA$+100,00%Trend Power :
McEwen Mining(Cu-Le-Zn)MUX
TO ACQUIRE BLACK FOX FROM PRIMERO=C2=A0
10,92 US$-1,71%Trend Power :
Rentech(Coal-Ngas)RTK
Rentech Announces Results for Second Quarter 2017
0,20 US$-12,28%Trend Power :
KEFIKEFI.L
Reduced Funding Requirement
0,55 GBX+0,00%Trend Power :
Lupaka Gold Corp.LPK.V
Lupaka Gold Receives First Tranche Under Amended Invicta Financing Agreement
0,06 CA$-8,33%Trend Power :
Imperial(Ag-Au-Cu)III.TO
Closes Bridge Loan Financing
2,38 CA$-3,64%Trend Power :
Guyana Goldfields(Cu-Zn-Pa)GUY.TO
Reports Second Quarter 2017 Results and Maintains Production Guidance
1,84 CA$+0,00%Trend Power :
Lundin Mining(Ag-Au-Cu)LUN.TO
d Share Capital and Voting Rights for Lundin Mining
15,32 CA$+0,46%Trend Power :
Canarc Res.(Au)CCM.TO
Canarc Reports High Grade Gold in Surface Rock Samples at Fondaway Canyon, Nevada
0,24 CA$-2,08%Trend Power :
Havilah(Cu-Le-Zn)HAV.AX
Q A April 2017 Quarterly Report
0,19 AU$+0,00%Trend Power :
Uranium Res.(Ur)URRE
Commences Lithium Exploration Drilling at the Columbus Basin Project
6,80 US$-2,86%Trend Power :
Platinum Group Metals(Au-Cu-Gems)PTM.TO
Platinum Group Metals Ltd. Operational and Strategic Process ...
1,77 CA$-1,12%Trend Power :
Devon Energy(Ngas-Oil)DVN
Announces $340 Million of Non-Core Asset Sales
52,10 US$-0,89%Trend Power :
Precision Drilling(Oil)PD-UN.TO
Announces 2017Second Quarter Financial Results
8,66 CA$-0,35%Trend Power :
Terramin(Ag-Au-Cu)TZN.AX
2nd Quarter Report
0,04 AU$+0,00%Trend Power :