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First Legacy Mining Corp. Announces the Acquisition of Additional Mineral Claims in the Athabasca Basin
First Legacy Mining Corp. Announces the Acquisition of Additional Mineral Claims in the At...
About this update from Defense Metals Corp.
[{"type":"text","content":"\n\n\n\nFirst Legacy Mining Corp. Announces the Acquisition of Additional Mineral Claims in the Athabasca Basin\n\n/* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n\n\n\n\n\n\n\nCanada NewsWire\nVANCOUVER, Nov. 14, 2018\n\n\n\nVANCOUVER, Nov. 14, 2018 /CNW/ - First Legacy Mining Corp. (the \"Company\") (TSX-V: FLM) is pleased to announce that it has signed an agreement to acquire two mineral claims totalling approximately 8129.80 hectares located in the Athabasca Basin in Saskatchewan, Canada, known as the \"Klaproth and Klaproth East Claims\" (the \"Property\") by issuing 1,800,000 common shares and paying $10,000 in cash to the two arm's length vendors (the \"Vendors\") of the Property. The acquisition of the Property and the issuance of the common shares are subject to TSX Venture Exchange approval. The common shares to be issued to the Vendors will be subject to a four month hold period from the date of issuance. \n\n \n \n\n \n\"We are excited by the positive momentum being shown in the uranium sector, with the uranium spot price reaching 30-month highs. We are pleased to be adding to our project portfolio in the northeastern Athabasca Basin, and with this acquisition it will bring our total land package to over 23,000 acres.\" commented Max Sali, CEO and Director of the Company.\nThe scientific and technical information contained in this news release has been reviewed and approved by Kristopher J. Raffle, P.Geo. (BC) Principal and Consultant of APEX Geoscience Ltd. of Edmonton, AB, a \"Qualified Person\" as defined in National Instrument 43-101 – Standards of Disclosure for Mineral Projects.  \nAbout First Legacy Mining Corp. First Legacy Mining Corp. is a mineral exploration company focused on the acquisition, exploration and development of mineral resource properties.\nCautionary Statement Regarding \"Forward-Looking\" Information \nThis news release includes certain statements that constitute \"forward-looking information\" within the meaning of applicable securities law, including without limitation, statements that address the acquisition of the Property...