Business
99 Capital Corporation announces closing of property acquisition at "New Telluride Mine"
99 Capital Corporation announces closing of property acquisition at "New Telluride Mine"
About this update from Giyani Metals Corp
[{"type":"text","content":"\n\n\n\n Sep. 1, 2010 (Canada NewsWire Group) -- \n\n \n \n \nTR.cnwUnderlinedCell TD {\n BORDER-BOTTOM: #000000 1px solid\n}\nTR.cnwDoubleUnderlinedCell TD {\n BORDER-BOTTOM: #000000 3px double\n}\nTR.cnwBoldUnderlinedCell TD {\n BORDER-BOTTOM: #000000 3px solid\n}\nTD.cnwUnderlinedCell {\n BORDER-BOTTOM: #000000 1px solid\n}\nTD.cnwDoubleUnderlinedCell {\n BORDER-BOTTOM: #000000 3px double\n}\nTD.cnwBoldUnderlinedCell {\n BORDER-BOTTOM: #000000 3px solid\n}\n\nTrading Symbol: WDG - (TSX.V)\n\nVANCOUVER, Sept. 1 /CNW/ - 99 Capital Corporation (the "Company") is pleased to announce that it has closed the acquisition of a 100% interest, subject to a 2% net smelter returns royalty, in 47 previously patented claim units which extend its current land package at the past producing "New Telluride" gold mine located in the Province of Ontario, Canada (the "Property").\nPursuant to the terms of the Acquisition Agreement, the Company has paid at closing Cdn $40,000 and has issued 2,500,000 common shares of the Company to the vendors. In respect to this transaction, the Company has also issued 200,000 common shares as finder's fee to an Arm's Length Party. All the securities issued pursuant to this transaction are subject to a four month hold period.\n\nNeither 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 news release.\n\n\n >\n\n\nStatements made in this news release that relate to future plans, events or performances are forward-looking statements. Any statement in this release containing words such as "believes," "plans," "expects" or "intends" and other statements that are not historical facts are forward-looking, and these statements involve risks and uncertainties and are based on current expectations. Consequently, actual results could differ materially from the expectations expressed in these forward-looking statements.\n\n\n%SEDAR: 00026192E\n\n\n\nAlexander Helmel, President at 604-676-4133\n\n","length":2609,"tagName":"div"}]