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Article: Rocky Mountain Announces Sale of Paris Hills Mineral Claims.
- Article from:
- Marketwire Canada
- Article date:
- November 6, 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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VANCOUVER, BRITISH COLUMBIA, Nov 6, 2009 (Marketwire via COMTEX) -- ROCKY MOUNTAIN RESOURCES CORP. (TSX VENTURE:RKY) is pleased to announce that, further to its previous announcement on October 9, 2009, its wholly-owned subsidiary, RMP Resources Corp. ("RMP"), has completed the sale of its interest in the Paris Hills Phosphate/Vanadium Property, located in Bear Lake County in Idaho, USA to a subsidiary of Stonegate Agricom Ltd. ("Stonegate"). As consideration for the sale, RMP received $1,000,000 in cash and 6,000,000 common shares of Stonegate valued at $0.50 per common share.
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