International Samuel Exploration Corp. Acquires Jewelry Box Property
International Samuel Exploration Corp. (ISS.V) reported that it has entered into an option agreement to acquire a 100% interest in the Jewelry Box property, located in central British Columbia.
The Company is purchasing a 100% right, title and interest in and to the Jewelry Box, JBR1, JBR2, and Ridge Moly Claims for a total of $130,000, the issuance of a total of 1,100,000 common shares and the Vendors will retain a 2% net smelter return royalty. The company shall retain the right to purchase a 1% portion of the NSR from the Vendors at any time by the payment of $1 million.
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