| January 19, 2016 CORRECTION ON MAJESCOR SELLS REMAINING INTEREST IN DIAMOND ROYALTY Read more... | |
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Ottawa, Ontario, January 19, 2016 - Majescor Resources Inc. ('Majescor' or the 'Corporation') (TSX-V: MJX). On December 23, 2015, the Corporation announced that it had sold its remaining 0.5% Gross Sales Royalty (the 'Royalty') on the Brauna diamond property to a Director of the Corporation (the 'Purchaser') for CND $225,000.
Under the terms of the amendment dated January 12, 2016 to the option agreement, Majescor had granted the Purchaser until January 31, 2016, the sole and exclusive irrevocable right and option to acquire the Royalty for CND $279,000.
About Majescor Resources Inc.
Majescor was incorporated under the Canada Business Corporations Act on February 23, 1996 and is a TSX-V listed junior resource (mining) company.
For further information, please contact:
Sabino Di Paola
CFO of Majescor Resources Inc.
Telephone: 613-241-5333
Fax: 613-421-8406
Email: [email protected]
Website: www.majescor.com
Additional information about the Corporation is available under Majescor's profile on SEDAR at www.sedar.com.
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
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Majescor Resources Inc
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EXPLORATEUR |
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CODE : MJX.V |
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ISIN : CA7609603021 |
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CUSIP : 760960104 |
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Majescor Res. est une société d’exploration minière d'or et de cobalt basée au Canada. Majescor Res. détient divers projets d'exploration à Madagascar. Ses principaux projets en exploration sont MISTASSINI, LAC LAPARRE, BAKER LAKE et MIRABELLI au Canada, DARAINA, ANTSAKABARY, ANALALAVA, ANKARAMY et BESAKOA à Madagascar et HAITI en Haiti. Majescor Res. est cotée au Canada et aux Etats-Unis D'Amerique. Sa capitalisation boursière aujourd'hui est 2,2 millions CA$ (1,8 millions US$, 1,5 millions €). La valeur de son action a atteint son plus haut niveau récent le 21 décembre 2001 à 9,00 CA$, et son plus bas niveau récent le 19 février 2016 à 0,02 CA$. Majescor Res. possède 31 300 000 actions en circulation. |