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Article: Canada : Rocky Mountain Announces Sale of Paris Hills Phosphate/Vanadium Property.

Article from:
TendersInfo
Article date:
October 10, 2009
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ROCKY MOUNTAIN RESOURCES CORP. (TSX VENTURE:RKY) is pleased to announce that its wholly-owned subsidiary, RMP Resources Corp. ("RMP"), has entered into an agreement with Stonegate Agricom Ltd. ("Stonegate") to sell a 100% interest in the Paris Hills Phosphate/Vanadium Property, located in Bear Lake County in Idaho, USA. As consideration for the acquisition, Stonegate will pay $1,000,000 in cash and issue 6,000,000 common shares of Stonegate valued at $0.50 per common share. Closing of the ...

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