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Goldplay Exploration Receives Approval on the San Marcial Option Agreement with SSR Mining
Goldplay Exploration Receives Approval on the San Marcial Option Agreement with SSR Mining...
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[{"type":"text","content":"\n\n\n\nGoldplay Exploration Receives Approval on the San Marcial Option Agreement with SSR Mining\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.prngen3{\nBORDER-TOP:#000000 1pt solid; BORDER-RIGHT:#000000 1pt solid; VERTICAL-ALIGN: BOTTOM; BORDER-BOTTOM:#000000 1pt solid; TEXT-ALIGN: CENTER; PADDING-LEFT:0.50em; BORDER-LEFT:#000000 1pt solid; PADDING-RIGHT:0.50em\n}\n.prngen4{\nBORDER-TOP:#000000 1pt solid; BORDER-RIGHT:#000000 1pt solid; VERTICAL-ALIGN: BOTTOM; BORDER-BOTTOM:#000000 1pt solid; TEXT-ALIGN: LEFT; PADDING-LEFT:0.50em; BORDER-LEFT:#000000 1pt solid; PADDING-RIGHT:0.50em\n}\n.prnsbb0{\nBORDER-BOTTOM:0pt\n}\n.prnpr6{\nPADDING-RIGHT:0.50em\n}\n.prnsbr0{\nBORDER-RIGHT:0pt\n}\n.prnvab{\nVERTICAL-ALIGN: BOTTOM\n}\n.prntbls{\nBORDER-TOP: black 1px solid; BORDER-RIGHT: black 1px solid; BORDER-COLLAPSE: collapse; BORDER-BOTTOM: black 1px solid; BORDER-LEFT: black 1px solid\n}\n.prnsbl0{\nBORDER-LEFT:0pt\n}\n.prnsblb0{\nBORDER-LEFT:black 0pt\n}\n.prnrbrb0{\nBORDER-RIGHT:black 0pt\n}\n.prntal{\nTEXT-ALIGN: LEFT\n}\n.prnpr8{\nPADDING-RIGHT:0.67em\n}\n.prnsbt0{\nBORDER-TOP:0pt\n}\n.prnsbtb0{\nBORDER-TOP:black 0pt\n}\n.prnvat{\nVERTICAL-ALIGN: TOP\n}\n.prnbcc{\nBORDER-COLLAPSE: COLLAPSE\n}\n.prnpl6{\nPADDING-LEFT:0.50em\n}\n\n\n\n\n\n\n\nCanada NewsWire\nVANCOUVER, May 7, 2018\n\n\n\nVANCOUVER, May 7, 2018 /CNW/ - Goldplay Exploration Ltd. (TSXV: GPLY - the \"Company\" or \"Goldplay\"), is pleased to announce that the TSX Venture Exchange (\"TSXV\") has approved the option agreement dated April 17, 2018 between the Company, its subsidiary and a subsidiary of SSR Mining Inc. (NASDAQ: SSRM) (TSX: SSRM) (\"SSR Mining\") under which the Company, through its subsidiary, will acquire a 100% interest in the San Marcial Project (\"San Marcial\") in Sinaloa State, Mexico.\n\nAs consideration to exercise the option agreement, the Company will, over a three-year option period, pay SSR Mining an aggregate of $2,575,000 in cash, issue to SSR Mining an aggregate of 3,500,000 common shares of the Company and incur an aggregate of $3,000,000 in exploration expenditures on San Marcial.\n\nT...