Free Submission Public Relations & NewsPR-inside.com
Home
Deutsch English

Business

Vendome Finances Part of Its Work Commitment at $0.50 Per Share


Print article Print article
© Marketwire 2013
2013-02-19 22:06:46 -

TORONTO, ONTARIO -- (Marketwire) -- 02/19/13 -- Vendome Resources Corp. (TSX VENTURE:VDR)(FRANKFURT:9VR) ("Vendome" or the "Company") is pleased to announce it has amended its current option agreement with Camsim Minas S.A. de C.V. dated September 2010, regarding the La Diana Property pursuant to which Vendome is required to spend $3,000,000 over a three year period.



Camsim has agreed to reduce Vendome's work commitment from $3 million to $2.5 million by granting a $500,000 expenditure credit in return for the issuance of 1,000,000 Vendome common shares at $0.50 a share.


This amendment is subject to TSX Venture Exchange approval and all securities issued thereunder will be subject to the customary four (4) month hold period from their date of issuance.


This news release includes certain "forward-looking statements." Such forward-looking statements involve risks and uncertainties. The results or events predicted in these forward-looking statements may differ materially from actual results or events. The Company disclaims any intent or obligation to update any forward-looking statement, whether as a result of new information, future events or results or otherwise.


Neither 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.


Contacts:

Vendome Resources Corp.

Franz Kozich

CEO & President

(647) 932 1604
info@vendomeresourcescorp.com :

at.marketwire.com/accesstracking/AccessTrackingLogServlet?docid= .. width="1" height="1" alt=" " border="0" />



Press Information:




Contact Person:


Disclaimer: (c) 2014 Market Wire. All of the press releases contained herein are protected by copyright and other applicable laws, treaties and conventions. Information contained in the releases is furnished by Market Wire's, who warrant that they are solely responsible for the content, accuracy and originality of the information contained therein. All reproduction, other than for an individual user's personal reference, is prohibited without prior written permission.
Latest News
Read the Latest News
www.newsenvoy.com

 


Terms & Conditions | Privacy | About us | Contact PR-inside.com | BidVertiser