Gold’n Futures Mineral Corp. Announces Agreement With North Equities
14.12.2021 | GlobeNewswire
![Gold’n Futures Mineral Corp. Announces Agreement With North Equities](https://www.goldseiten.de/media/goldseiten-news.jpg)
The term of the engagement is for a period of 6 months, subject to the terms of the service agreement (the “North Equities Agreement”) executed between the Company and North Equities. Pursuant to the terms of the North Equities Agreement, North Equities will be paid an aggregate, up-front, cash amount of $100,000 plus GST and will be granted 1,150,000 stock options in the Company with an exercise price of $0.09. The Company and North Equities are unrelated and unaffiliated entities and North Equities currently holds no securities in the Company. The fee paid by the Company to North Equities is for services only.
“Gold’n Futures is on the path of building a new and valuable project. Our drill program is proceeding well and is meant to confirm our hypothesis on the structural controls of the Hercules’ high-grade gold zones. We are confident that the team at North Equities will be effective in communicating our advances to the market and to target new participants and investors through its network of social media melded with traditional news distribution.”
Commented, Stephen Wilkinson, President and CEO
About Gold’n Futures Mineral Corp.
Gold’n Futures Mineral Corp. (CSE: FUTR) (FSE: G6M) (OTC: GFTRF) is a Canadian based exploration company focused on advancing its Hercules gold project. The Hercules is located 200 kilometres northeast of Thunder Bay, Ont., in the townships of Elmhirst and Rickaby, within the Thunder Bay North Mining District. The Project is in the heart of the Beardmore – Geraldton gold mining camp, the 4th largest gold camp in Canada and is 40 km west of the Hardrock-Greenstone gold mine development. The property lies within an Archean greenstone belt that extends from the Longlac area in the east to Lake Nipigon in the west, a distance of about 130 kilometres and consists of 475 contiguous claim cells (10,052 ha). From the historical work completed on the property, the Company has built an extensive database including reconnaissance grab samples; channel samples; a variety of geophysical surveys; and, a drill hole database that includes historical drilling totalling in the order of 537 holes with more than 107,000m of drill core. With surface grab samples grading up 10,374 g/t gold and channel samples up to 32.96 g/t gold across 11.6 m, the Hercules gold zones offer top tier targets for the expansion of its historical resources.
For more information, please visit our website at: www.goldnfuturesmineralcorp.com
For further information
Gold’n Futures Mineral Corp.
Stephen Wilkinson, President and CEO
Email: contact@goldnfutures.com
The Canadian Securities Exchange accepts no responsibility for the adequacy or accuracy of this release.
This news release may contain forward-looking statements based on assumptions and judgments of management regarding future events or results. Such statements are subject to a variety of risks and uncertainties which could cause actual events or results to differ materially from those reflected in the forward-looking statements. There is no assurance the private placement, property option, change of board or reinstatement of trading referred to above will close on the terms as stated, or at all. The Company disclaims any intention or obligation to revise or update such statements.