Boxxer Acquires Crystal Pass Project in Goodsprings Mining District
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Equity Conversion from Lease Agreement
Subject to regulatory approval, an agreement has been reached with one of the 50% owners of the Boss patented claims which is included in Boxxer's copper-gold Boss property in the Goodsprings Mining District to convert the monthly lease payments into common shares of Boxxer. Under terms of the agreement the landowner will receive 300,000 common shares of Boxxer in lieu of the US$1,500 monthly lease payments for the eighteen month period effective
Elmer B. Stewart, MSc. P. Geol., President of Boxxer, is the Corporation's nominated Qualified Person pursuant to National Instrument No. 43-101, Standards for Disclosure for Mineral Projects, has reviewed the technical information disclosed in this news release.
About Boxxer Gold Corp.
Boxxer Gold is a Canadian junior resource company involved in the exploration of three copper-gold projects in the state of Nevada. Boxxer recently announced a Letter of Intent, whereby Champlain Resources Ltd. has obtained, subject to regulatory approval and completion of certain terms and conditions (see News Release dated
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accept responsibility for the adequacy or accuracy of this release.
Forward-Looking Statements: This news release contains forward-looking information including but not limited to comments regarding the timing and content of upcoming work programs and geological interpretations. Forward-looking information includes disclosure regarding possible future events and therefore, involves inherent risks and uncertainties. Although management has a reasonable basis for the conclusions drawn, actual results may differ materially from those currently anticipated in such statements. For such statements, we claim the safe harbour for future.
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For further information: on Boxxer please visit our website at www.boxxergold.com or contact: Boxxer Gold Corp, Elmer B. Stewart, President & Chief Executive Officer, Tel: (403) 264-4811, Cel: (403) 680-9584, e-mail: [email protected]; Boxxer Gold Corp, John L. Maslanyk, Vice President & Chief Information Officer, Tel: (403) 804-2251, Fax: 1-888-479-3596, e-mail: [email protected]; CHF Investor Relations, Alison Tullis, Senior Account Manager, Tel: (416) 868-1078 ext. 233, Fax: (416) 868-6198, e-mail: [email protected]
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