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Article: Arianne Announces Second Option Agreement for Lithium on Komo Property, James Bay, Quebec.
- Article from:
- Marketwire Canada
- Article date:
- September 15, 2009
CopyrightCOPYRIGHT 2009 Canadian Corporate News. News Provided by Comtex. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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SAGUENAY, QUEBEC, Sep 15, 2009 (Marketwire via COMTEX) -- The management of Arianne Resources Inc. (TSX VENTURE:DAN)(FRANKFURT:JE9)(OTCBB:DRRSF) ("Arianne") is pleased to announce that it has entered into a letter of intent with a private company ("Private Company") granting to the Private Company the right to acquire a 100% interest in all lithium and Rare Earth Element (REE) in 114 mining claims representing the remaining of the Komo property, James Bay, Quebec through an initial payment of $50,000 and the issuance of 600,000 common shares of the Private Company, after an Initial Public Offering (IPO) or the transfer of the option to an already listed company, no later ...