🕐20.02.13 - 15:54 Uhr
VENDOME FINANCES PART OF ITS WORK COMMITMENT AT $0.50 PER SHARE
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VENDOME FINANCES PART OF ITS WORK COMMITMENT AT $0.50 PER SHARE
TORONTO, ONTARIO -- (Marketwire) -- 02//13 -- Vendome Resources Corp.
(TSX VENTURE:VDR)(FRANKFURT:9VR)
("Vendome" or the "Company") is pleased to announce it has amended its current option
agreement with Camsim Minas S.A.
de C.V.
dated September 2010, regarding the La
Diana Property pursuant to which Vendome is required to spend $3,000,000 over a
three year period.
Camsim has agreed to reduce Vendomes work commitment from $3 million to $2.5 million
by granting a $500,000 expenditure credit in return for the issuance of 1,000,000
Vendome common shares at $0.50 a share.
This amendment is subject to TSX Venture Exchange approval and all securities issued
thereunder will be subject to the customary four (4) month hold period from their
date of issuance.
This news release includes certain "forward-looking statements." Such forward-looking
statements involve risks and uncertainties.
The results or events predicted in these
forward-looking statements may differ materially from actual results or events.
The Company disclaims any intent or obligation to update any forward-looking statement,
whether as a result of new information, future events or results or otherwise.
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term
is defined in the policies of the TSX Venture Exchange) accepts responsibility for
the adequacy or accuracy of this release.
Contact Us:
Vendome Resources Corp.
Franz Kozich, CEO & President
(647) 932 1604
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Vendome Resources Corp | 133 Richmond Street West, Suite 403 | Toronto | Ontario | M5H 2L3 | Canada
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