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Murgor Resources Completes $559,500 Sale of Benoist and Waconichi Properties; Shares Rally 50%

Murgor Resources Inc. (MGR.V) has accelerated two option agreements and concluded the sale of its Waconichi and Benoist gold properties in Quebec for total proceeds of $559,500.

Andre C. Tessier, President and CEO, said: "The sale of the Waconichi and Benoist properties is part of Murgor's continued strategy to divest of certain dormant assets to finance its exploration and administrative costs through non-dilutive means."

MGR has climbed 50% to $0.015. It has touched 52-week low $0.01 today.

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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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